They say that a leaf of yarrow will greatly speed up the decomposition of fresh compost. There are other ways to speed along composting on a budget. The Complete Compost Gardening Guide: Banner batches, grow heaps, comforter compost, and other amazing techniques for saving time and money is a great book filled with tips on choosing a compost site and making composting easier.
There are also composting bins you can buy, such as this Envirocycle Original Composter Black.
For holding kitchen scraps until you head out to the composter, try Norpro Grip EZ Stainless Steel Compost Keeper. It beats having an open bowl of stinky scraps smelling up the kitchen.