This paper is a checklist on ways to save money targeted to administrators of small rural schools but appropriate to schools of any size. Tips concerning staff include salary issues, early retirement, time management techniques, involving staff in budget and facilities planning, and utilizing limited-experience teachers, teacher-administrators, and volunteers. Adjusting length of school day and year, eliminating study halls, combining small enrollment grades, offering some secondary classes in alternate years and reducing time spent on testing and discipline are mentioned. Tips on equipment and facilities include contracting specialty and janitorial services, using mobile libraries and portable classrooms, leasing school buildings, reducing vandalism and fuel consumption, and employing student help. Suggestions for generating funds include school stores, vocational class products, adult evening classes, wise investments, cooperative buying, cooperative application for federal aid programs, community support of school projects, and local donations. Other tips cover materials selection, community involvement, and school board policies. (LFL)