Free
Debt Consolidation Quote
Pay yourself first-
Try to discipline yourself to set aside a certain amount each
month. If you have difficulty doing this on your own, many
employers offer some sort of savings or retirement plan that
allows for automatic deductions from your check. That way it's
already set aside before you get paid.
Credit Cards-
"Buy now, pay later" is a powerful temptation. Remove
the temptation by leaving your plastic at home.
ATM Cards- Leave them at home
as well. Avoid fees and ruining your budget by getting the cash you need
when you deposit your check.
Impulse Buying- Make a
list of things you need when shopping and don't buy anything not
on it.
Cash and Carry- Carry
only a certain amount of cash with you. That way you can't spend
more than you have on you at that time.
Minimum Monthly
Payments- Up to 90%+ of your minimum
credit card payment can go to interest alone thus taking years to pay off.
Pay as much as you can afford or better yet, try not to use your
card at all except in emergencies.
Temptation-
When ever you feel you just have to have it, take a deep breath,
step back and think it over for 24 hours. You may find that you
really didn't need it after all.
Procrastination-
Tomorrow never comes. The best time to start practicing smart
money management is now.
