- reusing yeast. I'll often plan my batches so I pitch a new batch onto a used yeast cake. This way I save on a carboy cleaning as well.
- watch kit prices. Sometimes the prices come out a wash, sometimes not. I recently pieced together a recipe from a kit and the individual components cost $35. If I bought the kit it would have been $50+ (Pliny the elder...lots of hops)
-prepay grain programs. My LHBS offers prepaid grain cards. By buying grain in advance you get something like $70 worth for $50 or something like that. Whenever you buy grain they punch your card until you use it up. Then you buy a new card.
-grow your own hops. I do it not to really save money, but it's fun and makes a great landscaping element. I grow Cascade, Brewer's Gold and Saaz. Good deal if you're into IPA's.
-second runnings. When you make a big beer (imperial stout or something), after you boil that batch, sparge the grains again into another batch for a 'smaller' beer. (Can be a totally free batch if you use homegrown hops and pitch on reused yeast)