If you're struggling with debt, then you're probably looking for a debt relief option. There are so many choices, that it can be hard to understand which ones really work. I can tell you that only one has worked for me. It is a debt elimination system.
First, what do I mean by debt elimination? Debt elimination is when you completely pay off your debts by paying a little extra on them each month. It is not the same as debt consolidation, where you simply borrow money to pay off your credit cards but you still have a lot of debt.
The best debt elimination system focuses on paying off one debt at a time. In most cases, you start by paying off your debt with the smallest balance first. So let's say that you had 3 credit cards with the following balances: a Visa with $1,000, a Mastercard with $2,000, and a Discover with $3,000. You'd want to pay off the Visa first. Don't worry about interest rates. You would pay off the Visa, then after it's paid off, go on to your next debt - the Mastercard. After the Mastercard is paid off, you'd attack your Discover card. You go from the smallest debt to the largest debt. Of course, you'll need to stop charging on your credit cards in order to see the full results of this plan.
Now we need to come up with some extra money to pay of debt. We'll use this extra money to focus on one debt at a time until it's paid off. Some ways to find extra money might include cutting back on spending, selling items that you no longer need, a tax refund, or a part time job.
Cutting back on expenses is the best place to look. When I was looking for extra money to pay off debt, this is where I started. For example, I started brown bagging my lunch more often instead of eating out at work. Then, I would apply my savings to paying off debt. It was amazing how small expenses really added up to big savings.
Another thing that I did was to use more coupons at stores. I would just use coupons for items that I bought anyway. I started using them for groceries, oil changes, or whatever I normally would buy. Also, I put an insulation blanket around the hot water tank and noticed a huge drop in our bill each month.
My wife and I both came up with some slight changes in our budget until we had over $200 a month to apply to debt reduction. We didn't feel like we were "doing without", either. We just arranged how we used money differently.
By working on this goal and staying focused, we paid off $10,000 in debts in under 2 years on our modest teaching salary. If this can work us, it will work for you, also.
Use this system to eliminate your debt and get your life back in order.
Debt Relief Option - Discover our debt elimination course that has helped many people obtain a debt-free, stress-free lifestyle.
(This one resource has helped hundreds of people.)
Can you afford not to have this information?
Visit http://www.debtintowealth.org for immediate access.
Showing posts with label find debt relief. Show all posts
Showing posts with label find debt relief. Show all posts
Sunday, October 25, 2009
Friday, October 23, 2009
Debt Free Living - How to Win at The Grocery Game
It seems that everytime you go to the grocery store prices keep getting higher. In order to save money with today's food prices, we have to have a plan. Some people even have to charge their groceries just to survive! Here's some grocery strategies that will help you with debt free living and win the grocery game.
1. Use your list. When going into the grocery store, you have to have a game plan. Your game plan is your list. Did you know that food advertisers spend over 7 billion dollars a year to persuade you to buy their products? Studies show that over 66% of the population decide their weekly eating purchases while in the store. This same group also spends 2 times as much through impulse buying. When making your grocery list, be sure to look at the weekly specials and plan your weekly meals around them.
2. Be sure to pay attention to the price per unit. Sometimes items that seem like a good deal really aren't. Around twenty percent of the store specials aren't "special" at all and close to the normal store price. Try to get items that are at least 25% off or more.
3. Buy items that you need when they go on sale. Don't wait to buy things that you must have right now. If you wait until it's a true need, then you'll usally pay a higher price. If a frequently needed item goes on sale, buy a three month supply of them. Usually, the lowest price will return in 3 months again. Also, focus on stocking up on expensive items such as meat and cheese when they're on sale.
4. Only buy food items at the grocery store. Don't buy things such as toothpaste or other items that arean't grocery related. Stores make a high profit on these items because they hope you'll pick them up "while you're there anyway."
5. Look for certain types of brands. Here area the 3 types of brands and what you need to know about them:
a. national brands - These are the most expensive to buy. Did you know that 50% of the cost of a cereal box pays for the expensive national ads?
b. store brands These are the same quality as the national brands. Surprisingly, they don't spend as much on advertsing and pass on the savings to you. These products are typically 20% less than the national brand.
c. economy brands These quality of these types of brands may not be as good as store brands. They typically cost around 20% to 40% less. But sometimes you get what you pay for. The can be lower quality than store brands.
6. Avoid Frozen Dinners. Prepared foods such as frozen dinners and hot deli foods are usually more expensive. Most people buy these items because of convenience. One way to make your life easier is to cook twice as much as you need and then freeze the rest. When you come home from work, just heat it up and you have an instant meal!
7. Substitute ingrediants. Sometimes recipes will require you to use a certain spice or ingrediant that you don't have. Instead of running out to the store and buying that item, substitute or skip that item. This will save you time, money, and gas going to the store.
Use these grocery strategies to help you with debt free living and win the grocery game. Put these ideas to work and you'll have enough money to buy groceries without charging it on your credit cards.
If you would like to save money each month by paying off your credit cards, then check out the debt free living information below:
Debt Free Living - Sign up for our Debt Free Living Course that has helped many people obtain a debt-free, stress-free lifestyle.
(This one resource has helped hundreds of people.)
Can you afford not to have this information?
Visit http://www.debtintowealth.org for immediate access.
1. Use your list. When going into the grocery store, you have to have a game plan. Your game plan is your list. Did you know that food advertisers spend over 7 billion dollars a year to persuade you to buy their products? Studies show that over 66% of the population decide their weekly eating purchases while in the store. This same group also spends 2 times as much through impulse buying. When making your grocery list, be sure to look at the weekly specials and plan your weekly meals around them.
2. Be sure to pay attention to the price per unit. Sometimes items that seem like a good deal really aren't. Around twenty percent of the store specials aren't "special" at all and close to the normal store price. Try to get items that are at least 25% off or more.
3. Buy items that you need when they go on sale. Don't wait to buy things that you must have right now. If you wait until it's a true need, then you'll usally pay a higher price. If a frequently needed item goes on sale, buy a three month supply of them. Usually, the lowest price will return in 3 months again. Also, focus on stocking up on expensive items such as meat and cheese when they're on sale.
4. Only buy food items at the grocery store. Don't buy things such as toothpaste or other items that arean't grocery related. Stores make a high profit on these items because they hope you'll pick them up "while you're there anyway."
5. Look for certain types of brands. Here area the 3 types of brands and what you need to know about them:
a. national brands - These are the most expensive to buy. Did you know that 50% of the cost of a cereal box pays for the expensive national ads?
b. store brands These are the same quality as the national brands. Surprisingly, they don't spend as much on advertsing and pass on the savings to you. These products are typically 20% less than the national brand.
c. economy brands These quality of these types of brands may not be as good as store brands. They typically cost around 20% to 40% less. But sometimes you get what you pay for. The can be lower quality than store brands.
6. Avoid Frozen Dinners. Prepared foods such as frozen dinners and hot deli foods are usually more expensive. Most people buy these items because of convenience. One way to make your life easier is to cook twice as much as you need and then freeze the rest. When you come home from work, just heat it up and you have an instant meal!
7. Substitute ingrediants. Sometimes recipes will require you to use a certain spice or ingrediant that you don't have. Instead of running out to the store and buying that item, substitute or skip that item. This will save you time, money, and gas going to the store.
Use these grocery strategies to help you with debt free living and win the grocery game. Put these ideas to work and you'll have enough money to buy groceries without charging it on your credit cards.
If you would like to save money each month by paying off your credit cards, then check out the debt free living information below:
Debt Free Living - Sign up for our Debt Free Living Course that has helped many people obtain a debt-free, stress-free lifestyle.
(This one resource has helped hundreds of people.)
Can you afford not to have this information?
Visit http://www.debtintowealth.org for immediate access.
Sunday, October 11, 2009
Debt Relief Advice - Show Me The Money!
So you want to pay off your debts? That's a great decision. But where can you find the extra money that you need to payoff debt? You'll find it in your everyday expenses. In this article, I will give your proven debt relief advice and show you some areas of your life to save money.
Of course, one way to find extra money to pay off debt is to sell unwanted items, get a temporary job, and use your tax return to pay off debt. However, the best way to pay off debt is to save money by eliminating expenses in certain areas. Start saving money by looking at these 4 areas in your life. Let's talk about ways to save on food, clothes, cars, and utilities.
Food Expenses
You can save a ton of money by shopping for groceries that right way. All you need to do is use coupons for items that you're going to buy anyway. Also, don't spend so much on frozen meals and prepared foods. This will run your bill up twice as high then if you prepared it yourself. When cooking at home, prepare twice the amount and freeze the leftovers. This will give you a frozen meal that will thaw in seconds when you come home from a hard day's work.
Here another tip. My family has saved a ton of money on food each month by joining a coop/volunteer food program. You can buy food at reduced prices by joining with others across the nation who also want cheaper meals.
One of the best sources for this that I have found is called Angel Food Ministries.
You can look them up at www.angelfoodministries.com and see for yourself!
Clothes
You don't have to settle for low quality cheap clothes to save money. It's possible to buy nice, high quality clothes if you time it just right. First, purchase smart. Buy classic styles and and avoid clothes that will go out of style soon. Stock up at end-of-the-year sales. Also, wash and dry your garments inside out and they'll last much longer.
Cars
First, don't buy a new car. What happens to a new car as soon as you drive it off the lot? That's right, it goes down in value. In fact, new cars lose up to 50% of their value in depreciation during the first two or three years. Instead, buy a car around 2 or 3 years old to get the most value for your money.
Also, increase the fuel efficiency by of your car by getting tune-ups and scheduled oil changes. Make sure that your tires are properly aired and rotated within your normal routine. This will help you save as much as 10% in auto expenses.
Utilities
There are several ways to save money on your monthly utility bill. Start by changing your air filter on a regular basis. Unclean air filters can add 5% or more to your energy bill each month. Also, use your microwave more and your oven less. Ovens use about 3 times the energy of a microwave. Also, get the most out of your hot water tank by putting an insulation blanket around it. This will make it last longer and lead to more efficient heating.
Use this debt relief advice to reduce your expenses and find money to pay off debt.
Debt Relief Advice - Discover the #1 Debt Elimination Course that has helped many people obtain a debt-free, stress-free lifestyle.
(This one resource has helped hundreds of people.)
Can you afford not to have this information?
Visit http://www.debtintowealth.org for immediate access.
Of course, one way to find extra money to pay off debt is to sell unwanted items, get a temporary job, and use your tax return to pay off debt. However, the best way to pay off debt is to save money by eliminating expenses in certain areas. Start saving money by looking at these 4 areas in your life. Let's talk about ways to save on food, clothes, cars, and utilities.
Food Expenses
You can save a ton of money by shopping for groceries that right way. All you need to do is use coupons for items that you're going to buy anyway. Also, don't spend so much on frozen meals and prepared foods. This will run your bill up twice as high then if you prepared it yourself. When cooking at home, prepare twice the amount and freeze the leftovers. This will give you a frozen meal that will thaw in seconds when you come home from a hard day's work.
Here another tip. My family has saved a ton of money on food each month by joining a coop/volunteer food program. You can buy food at reduced prices by joining with others across the nation who also want cheaper meals.
One of the best sources for this that I have found is called Angel Food Ministries.
You can look them up at www.angelfoodministries.com and see for yourself!
Clothes
You don't have to settle for low quality cheap clothes to save money. It's possible to buy nice, high quality clothes if you time it just right. First, purchase smart. Buy classic styles and and avoid clothes that will go out of style soon. Stock up at end-of-the-year sales. Also, wash and dry your garments inside out and they'll last much longer.
Cars
First, don't buy a new car. What happens to a new car as soon as you drive it off the lot? That's right, it goes down in value. In fact, new cars lose up to 50% of their value in depreciation during the first two or three years. Instead, buy a car around 2 or 3 years old to get the most value for your money.
Also, increase the fuel efficiency by of your car by getting tune-ups and scheduled oil changes. Make sure that your tires are properly aired and rotated within your normal routine. This will help you save as much as 10% in auto expenses.
Utilities
There are several ways to save money on your monthly utility bill. Start by changing your air filter on a regular basis. Unclean air filters can add 5% or more to your energy bill each month. Also, use your microwave more and your oven less. Ovens use about 3 times the energy of a microwave. Also, get the most out of your hot water tank by putting an insulation blanket around it. This will make it last longer and lead to more efficient heating.
Use this debt relief advice to reduce your expenses and find money to pay off debt.
Debt Relief Advice - Discover the #1 Debt Elimination Course that has helped many people obtain a debt-free, stress-free lifestyle.
(This one resource has helped hundreds of people.)
Can you afford not to have this information?
Visit http://www.debtintowealth.org for immediate access.
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