The best replacement for saving money is paying off debt.

The best alternatives to saving money are rated as following:
★★★★★  paying off debt
★★★  spending money
★★  making money
★★  investing money
★  paying off student loans
★  hoarding money
★  credit card debt
★  spending
★  paying down debt
  paying off credit card
  paying off loans
  paying student loans
  paying off mortgage

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Google Trends

Scale is based on the average worldwide traffic of saving money in all years. Click on graph for more.
saving money
paying off debt
spending money