Saving for the holidays? Getting ready to start fresh in 2010? Now is a great time to learn to live within your means if you don’t already – better yet, below your means – and you will become financially secure. The key is to re-focus your goals on living debt-free. Remember: Debt doesn’t have to control your life. Even if you have a long way to go before you reach your goals, think ahead to what is possible. This should bring you back to reality. “Live Debt-free” posts will look at dos and don’ts, tips and strategies, as well as experiences. There are great resources out there among you who can help others based on how you manage to live debt-free.
Why not start off with something easy? Small changes can produce “small change” that can add up. Try one or more of the following:
Monthly Savings:
Save 50 cents a day in loose change
$15
Take lunch to work, saving an estimated
$3/day $60
Eat out two fewer times a month
$30
Borrow, rather than buy, one book a month
$15
Comparison shop for gas (go to http://www.gasbuddy.com)
$4
TOTAL
$124
(source: America Saves)
Make your own “small change” list and try it out!
For more money saving tips, check out eBillme.
