Living on the Cheap to Pay Down Your Debts

Having trouble with your credit card debts? Need to pay them down, and quick? Look for ways to cut your expenses - the quickest way to paying down your debts is by getting rid of all your costs. There are a number of ways to do this, and you can examine your lifestyle to find ways to cut corners. First, cut down on your daily food expenses. Cook for yourself, no fast food. Use coupons - they can save you a ton of money if used wisely. Buy your food and your necessaries in bulk - a Sam's club membership can save you hundreds each month. Just make sure you have enough space to store it. Second, cut down on the costs of where you're living. If you can move to a smaller place, and your credit situation is bad enough, then do it. As long as it doesn't need flea control , you should be fine. You might be able to move into a room with friends or family - this might be uncomfortable, but it can save you on expenses. Look into air beds for a cheap way to stay anywhere - you might even sell your bed and buy an air mattress instead for about thirty or forty bucks. Third, make sure all your entertainment is free. Local television, radio, free local events. You don't want to be paying fifty bucks to take the family to the movies - buy your popcorn for twenty cents at Wal-Mart and watch the movie of the week. It's not ideal, but it can make it so that you can pay off your debt that much faster, which can make a world of difference.