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.