Getting Relief from Debt and Saving Money | Debts

Getting Relief from Debt and Saving Money

Written by Steve Turner

Wednesday, 24 June 2009 07:33

by SteveTurner

A great deal of people who want to know how to save money and get out of debt think that it is a straight forward task to just stop spending as much and pay off what you can from what you owe. What they fail to realize is that in many cases they are not paying off as much as they could be.

So are you ready for some tips on how to save some money? First let me put a thought in your mind, when you pay for something you have every day or you do every day do you think about how much it is costing or how much you pay each month for the same thing each day? Your coffee from the machine at work, your trip to and from work in the car, your lunch from the local cheap deli. All of these things add up when you have them on a daily basis.

Now this is how to save money looking at each one of these individually, word of warning each one takes a little time which is the one thing in all of this that you need to give up if you are willing to learn how to save money and get out of debt.

I used to love the coffeecake pie in my restaurant at work so much so that I used to grab a slice at every opportunity, when I sat down and worked out my yearly costs I could put a over $150 down to coffeecake pie!!! Not only did I feel fat at that point I also thought oh boy I could have used that to pay bills! Not as nice obviously but when the bills are red it goes through your mind. I instantly stopped going to the restaurant and made my lunch the night before and ate it in the park or a quiet area nearby. Not only did this save me money on the pie it saved me money on the other things I would eat while I was in the restaurant.

Buying coffee from the coffee machine at work all that loose change that you are piling in every week, all adds up. Two things either give up the coffee which is the healthy option and drink water but if you can't in any way be without your coffee then buy a flask and take it with you. You can make it with your morning cup before you leave the house.

In my youth I had a obsession with the fact that I thought I was cool turning up to work each morning in my car. Then as I matured and became more aware of money I started to think that this was more and more uncool and a waste of resource. I started asking around friends who worked close by and co-workers. It wasn't long before I was paying a fraction of what I was on my own.

Many people use public transport to get to and from work, if you are taking the bus or the train in most cases it is cheaper to go less stops. So why not try to get off a stop earlier and walk that extra distance to get to work or home from work, this is also really good for you so you get that extra benefit.

You know that really convenient little shop on the way home where you pick up most of your weekly shopping? Well chances are that they are just that little bit more expensive on the essentials than the larger chains. I love small business in fact I am a small business all on my own but for the things you need on a daily basis they are fantastic but to save money and get out of debt you need to start thinking about a bulk buy at the larger stores.

How to save money is no easy thing there are small sacrifices that need to be made in order to do this but you have to be the one that says they want to make the change to know how to save money is one thing to actually save money and get out of debt takes commitment and time.

DISCLAIMER: This article is provided as information only and is not to be taken as financial advice.

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