Personal Budget Training: 12 Tips To Finding Extra Cash

Monday, April 14, 2008

12 Tips To Finding Extra Cash

Here is a checklist of non-essential items that you may be paying for regularly. If you are really hurting for cash, consider eliminating some of these luxuries:

1. Alcohol - Are you out partying too much?
2. Beeper/Cellular Phone(s) - Can you reduce or eliminate?
3. Cable/Satellite TV - Can you reduce or eliminate?
4. Club Dues - Can you reduce or eliminate?
5. Magazine Subscriptions - How about the library?
6. Internet Service - Can you bundle with your phone service?
7. Smoking - It is only going to increase your medical bills.
8. Impulse Shopping - Practice a little self-denial.
9. Eating Out - Try cooking at home and master some dishes.
10. Long Distance Calls - How about a good old fashion letter?
11. Babysitters - Hey, all they do is eat your food.
12. Landscaper/Mowing Service - Lose weight in the process of becoming debt-free.

Consider what you spend annually on the above items. For a short-term solution, try to minimize some of these non-essentials from your lifestyle. Do this at least until out of debt and feeling a sense of relief. I realize I am making suggestions that may be cramping your style, but remember, it is only temporary.

Labels: Budget, money saving tip