During tough economic times you are always looking for ways to save money, and this is true even with web hosting. There are many things to consider if you are looking for budget hosting. Here are a few points to consider if you are looking for a new host:
How much will you save with this web host versus your current web host? If you are only going to save a couple of bucks a year then perhaps you should stay where you are.
How does their web space and traffic compare? With most of the cheaper companies you can save a lot of money but they might be skimpy with what they provide. Make sure you compare carefully.
How is their customer service? This is where the cheaper hosts usually skimp on. Test them about before you buy, or check out their reviews at a web hosting directory.
These are just a few tips when looking for web hosting.