You will be taught here to reduce excessive spending and have $1000's more to pay off debts.
Got huge cell phone bills Like $150 - $250 a MONTH or more. Well YOU Do not need all the bells and whistles phones for this app that app or even online access trash that high phone get into a low cost program with decent smart phone ..Really i laugh at people today with these $500 phones and that $250 a month bill it's downright stupid.
MY Bill on an android phone with T mobile is only $65 a month. I need the android phone for p/t work thats how the jobs are sent to me.
IF You have kids with high cost phone Bills that YOU been paying they have two options pay it them selves or trash it. Let them know your in trouble of losing your home and it's dangerous right now. Especially if YOU know your JOB is in danger of being removed because company is broke and shuts doors.
Get rid of your credit cards: One of the biggest down falls that
most of us have is the reliance on credit cards. Unlike spending real
cash, when you charge it to a card you don’t feel the burn. So if you
cannot control how much you spend on your card, then cut up your cards,
leave them locked up at home, freeze them or bury them until you are out
of debt. (Note: Don’t close the accounts since that can result in reducing your credit score!)
Change your attitude: Like everything else in life, getting out
of debt is heavily dependent on your attitude. Switch to a “Can Do”
attitude. Stop giving into the victim mentality or self-doubts of
whether you can do it. Start attacking debt and don’t stop until its all
gone
Change your spending habits: Do you always plan before you
buy something or do you just pick things up? Do you ask yourself if you
really “need” it, or justify your “wants” and keep indulging yourself?
Do you spend an excessive amount of money on showing off to your
friends? Take a long hard look at your spending habits and fix any short
comings that you see.
IN short DO NOT BUY Because YOU want something LIke that NEW decorative plague of your favorite athelete or that new dress or handbag or shoes , men also really do you need a $350 suit when a $100 one is just as nice. STOP foolish buying NO more keeping up with the joneses.
Cut your spending: Can you still save some money after all of
your bills are paid? For instance when you look at your groceries, can
you replace some brands with generics so you can save some cash? Can you
stock up during sales to save some money? How about making sure you use
your utilities wisely to save on water, electricity and gas bill? Look
at all aspects of your spending to pinch some more money out that you
can throw at debt.
Embrace a simple, frugal lifestyle: We are in a land of
excess. We believe that we need a lot of things to survive. But in
reality we can get on by with very little. The more of the excesses you
can trim out the sooner you will be out of debt. Yes, life will seem a
bit drab without some of the indulgences you are used to. It’s your call
which one you like more – temporary indulgences and sleepless nights
worrying over debt, or a few sacrifices now to be free of debt issues
for the rest of your life!
Always lookout to improve your current income: The more the
money you make, the more you will have left over to throw at your debt.
So always look for opportunities for picking up tasks with higher
commission, or over time pay or something that will result in a bonus.
Take your job seriously and work hard everyday, at some point it will pay off for you.
Create additional sources of income: Sometimes it is not easy
to simply increase your current income at your day job. If that’s the
case, look at means to create additional sources of income. Do you have a
hobby that you can monetize? Do you have skills (musician, carpenter,
writer, etc.) that you can use to get some part time gigs? Do you have
computer knowledge that you can use online? Creating additional sources of income not only helps you get out of debt but provides you with better cushion to survive through primary job loss.
Build an emergency fund: As you attack your debt, remember to
put away a small amount for the rainy day. If something unexpected
comes along or if you are forced to borrow money again, you will have a
rough time getting out of debt. So stash away small amounts of money in an emergency fund, and make sure you use it – well, only for emergencies!
Reuse and recycle
whatever you can. I never buy garbage bags. Instead I have small waste
bins in my kitchen and bathrooms that I line with grocery bags. I don’t
care if someone thinks that is cheap – it saves me money and is a small
way to reduce my environmental footprint. So why should I bother about
what snobs think. And since they are smaller waste bins, they get
cleaned our more regularly, reducing the possibility of stench in the
kitchen. You will be amazed at how many different places you can apply
the reuse and recycle principle to save a few bucks!
SURROUND Yourself with people who are frugal and smart. If you are surrounded by people who keep spending, then it is difficult
to get out of the consumerist mentality and slip into the more sensible
mentality of living within your means. This may mean changing friends or
keeping your distance from those that influence you negatively. It is a
very difficult tip to follow, but a necessary one, if you want to
really get out of debt.
MOVE: Drastic times require drastic measures! If you are really deep into debt
you might want to consider more drastic steps like moving to a city
with lower cost of living, to a smaller house, to an apartment with
lower rent etc.
If something is available for free, don’t pay for it. Throw the money at your debt instead!
If you can take public transportation to get around, skip the driving.
Better yet, ride your bike and get a little workout at the same time. At
the end of the month you may have used one less tank of gas. Make sure
you bump up your debt repayment by that amount. It may not seem like
much, but over a course of time, this can add up beautifully to free you
from debt a lot sooner.
DO YOU smoke ? 1 pack cost as high as $11 in some cities.
average is $9 today most people are a pack a day smoker or more as you seen them buy 2 or more cartons per week.
OMG are you rich because a pack a day will cost you at least $3285 a year. Look into the electronic cigs they are working and destroying the tobacco companies in stock markets. YOU will cut your habit to only about $30 a month or less. Thats only $360 a year. Plus less sickness and losing time from work from the poisons you been inhaling with every puff.
I seen people i know stop smoking totally and if they even try to smoke a real cig now they choke like a kid who just took his 1st puff! RESULT more money to pay off debts more money foir food and things YOU Need. Again YOU never buy anything because YOU want it until that debt is gone ZERO payments ..... and now your in lifestyle living within your means and stay that way.
SHOP around for lowest cost car insurance and homeowners packages. Make sure YOU have replacement coverage for valuables in home also for water damage ONLY if YOUR not in a area known for flooding.
