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Showing posts with the label consolidate your debt

Easiest Ways to Save Money

Recession has hit every household so hard that everyone is forced to think of the easiest ways to save money. God! What do you do? You are confused and don't know where to start. You want to eliminate the debt and take control of your life once again. Well to start, you need a plan and need to follow it together as a family. Don't make very big plans as you are bound to fail. The magic is in keeping the plan simple and achievable. What seem as small savings initially will over a period of time run into a few thousand dollars and you can resurrect your debt completely. Well are you interested? If yes, lets kick start your plan of action. This is just a broad plan suggesting the easiest ways to save money and you can tweak it as per your individual needs. So shall we start... here we go... Cook at home - You will be surprised to know that most of us tend to spend a lot of money eating out. Well, start with one day a week where you will cook at home. Slowly increase the f

Practical Ways to Save Money

Practical Ways to Save Money Your budget is very tight and you will have to come up with practical ways to save money so that you do not get into a debt trap. How does one save money when you have to tackle recession, inflation, rising prices, unemployment and debts? Is there a solution? Can you get out of the mess? Can you really save in such tough conditions? Well, the answer is a resounding YES. All you need is a plan of action and you are on the path of success. You will be surprised to see simple changes to your lifestyle make a big difference to your finances. Well, here is the plan; Eat at home instead of eating out. If you buy lunch every day, start taking it from home. Make your own coffee instead of buying Starbucks daily. Buy the groceries in bulk as this will help you save money. Do not indulge in impulsive shopping. Carry a list while shopping for groceries. Shop once a week and never when you are hungry. Save electricity by switching off lights, fans and TV.