Make sure you go very slow if you do go that route, as it can be very dangerous if done incorrectly. IMO, especially if this is your first time, get the spring compressor. As mentioned above, you can rent them from autozone for $45 and get 100% of your money back when you return it.
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2014 Mustang GT Base MT82 -Stock 3.73s, Roush axleback, Steeda 93R tune, Steeda Hi-flow X-pipe, 19" Charcoal AMR's, smoked front and rear side markers, 20% tint, quarter window louvers, Steeda Ultralite springs, Koni Str.t shocks/struts, MM camber plates, J&M adjustable panhard bar, BMR LCAs and relo brackets, Barton shifter and 2-post bracket, Black Modern Billet Grilles