What is the most debt you have eliminated in a year?
I need ѕοmе motivation people! I want tο commit tο reducing mу credit card debt tһіѕ year; bυt, іt seems a bit overwhelming. Please share tаƖеѕ οf һοw уου reduced уουr debt. Maybe tһаt саח psych mе up tο keep sacrificing аחԁ paying οff tһеѕе debts. Thanks!
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YOU can do it.
I chose that I would not go out to eat lunch every day while at work
On the days that I needed to go out to eat if I could find a wendy’s I could get a side salad and a bowl of chili (with plenty of FREE crackers) and a cup of fill up for about $2.10.
I was amazed at how much I saved by just cutting out the ‘canteen’ while at work. If I needed a soda, I brought it from home…
I paid my niece (age 7) to be the ‘light police’ ! I went to the store and got a few rolls of dimes…everytime she would catch a name leave-taking a room without turning off a light she would get paid…she loved responsibility it and since it was so annoying my son got way better about responsibility it.
The largest way that I saved money was taking a list to the store….(and eating before I went). If it was not on the store I could not buy it…that way I knew before hand nearly how much I was going to spend….and it forced me to really MAKE feast for the week….which of course doubled as lunch the next day…..
I also sold reasonably a bit of stuff on ebay. If I hadn’t worn in surrounded by two years….ebay was going to help me find a name who could…this was a ‘double bonus’ because it forced me to clean up…..
Lastly, I dyed-in-the-wool HALF of my income tax refund to administration debt!
Before I did ANYTHING else HALF went to pay down debt.
SInce I had two cards, I paid one of them off absolutely which allowed me to double up on the other
If you have small children – check out garage sales for fantastic finds on clothing..often times you can get an entire summers worth of clothing for a 5 6 or 7 year ancient for less than $20.00 at a yard sale in one of the more exclusive neighborhoods in your town.
I went to one last year where everything I could fit into a bag was $2.00. i stuffed it full of jeans that he could pay in while playing at the daycare or outside….
Which brings me to ‘washing clothing only twice per week’
This allows me to make sure that I have a full load of clothing
Guess that is it for now but I did want to say that YOU CAN DO THIS
and a small sacrafice now will reap you lots of happiness later