Drug testing

Five Major Ways to Save Money

There are two main roads to improving your personal finances: increasing income, and cutting costs.

Increasing income is the harder road to travel. After all, you can't always get a raise or a new job when you need one.

But cutting costs, that's a different story!

You're in complete control in this area. And all it takes is some imagination and discipline-both of which are free.

Below are five major ways to save money in the basic areas of food, shelter, clothing and transportation. They're major expenses in your life - and places for major savings.

1. Home Cooking

Food is a major expense in everyone's budget.

But, in today's convenience food society, it's easy to overlook how much money can be saved by cooking meals at home. Plus, it's fun, creative, and healthier to make your own meals.

The key is to cook in "bulk" to stretch the food you buy over several meals.

If you're a busy person with little time to spare, a good investment is a slow cooker (or crock pot). Generally, they run from $20 to $80, depending on the size.

With a slow cooker, you can set aside some time on the weekend to cook stews, soups, and other delicious meals that can be frozen for weekday use.

After a hard day at work, all you have to do is pop the meal in the microwave!

More than likely, you'll enjoy an additional benefit - your taste buds will wake up from mass produced food and thank you for the delicious taste of a home-cooked meal!

2. Drive less, exercise more

Is owning a car expensive?

You already know the answer to that question, don't you?

Gas, maintenance, insurance costs. Plus the mental aggravation of being caught in traffic jams!

Why not carpool or take public transportation-the bus, train, or light rail?

Or, if you live close to work, walk or bike. You'll lose weight, lower your blood pressure, and see the world at a slower pace.

And, oh yes, you'll save a couple of thousand dollars in the process.

3. Cut housing costs

This is an easy and fun way to cut costs.

Instead of paying a contractor to come in to make changes or repairs, make them yourself.

Local hardware stores love your business and will help you with tips and tricks on home repair.

Also, do your own decorating and painting. You get two benefits by doing your own changes and repairs - you get the pride of accomplishment and you save money.

4. Cut clothing costs

This can be another major area of expenses, especially if you have a family.

So, try buying used clothing... dry clothes on the clothes line instead of in a dryer... learn how to mend clothes...

...well, you get the idea!

5. Quit your addictions

Okay, so this is not really an easy category, but if you enjoy cigarettes and a drink, this is where you can realize some major savings.

Assume you're spending $5.00 a day on cigarettes. Added up over a year, that's an expense of $1825.

As for liquor or wine, we all know how expensive that is.

Assume you buy one bottle a week at $10 to share with family members or friends. That's $520 a year.

Add both amounts up, and the total is $2,345!

That's money that could be paying down your debt or going into savings.

And don't forget the health benefits.

You probably have many other ideas on how to save money in the five areas.

If it seems hard at times to cut costs in these places, remember one thing - you're on the road to keeping more of your money in your own pocket!

As the old saying goes: "Money saved is as good as money earned".

About The Author

Paul Davis writes for Debt Elimination 4U, showing ordinary people how to get out of debt and stay out! Visit the site at: http://debt-elimination-4u.com

limousine chicago service
In The News:

Tips To Take Control Of Debt Collection

Yes, debt collection tips can help. You may think you... Read More

Dont Drown Your Debts, Manage Them!

Are you among the millions of people who have found... Read More

How Do I Lower My Debt Burdens?

How do I lower my debts?There are several ways of... Read More

Bankruptcy 101

Bankruptcy still remains a mystery in the eyes of many... Read More

Get Debt Free

If you once have been caught in the debt trap,... Read More

The Effects of Consumer Debt

Consumer Borrowing Consumer borrowing in the UK has now crashed... Read More

Debt Management Systems

What is a debt management system, and when do you... Read More

IVA Advice

An IVA (individual voluntary arrangement) is an alternative to bankruptcy... Read More

Eight Ways to Consolidate Debt

Next to winning the lottery, a debt consolidation loan is... Read More

What is Bankruptcy?

Personal bankruptcy is a legal way to give people with... Read More

Bankruptcy - The Easy Option?

Incredibly, since the changes in the bankruptcy law in April... Read More

Credit Counseling ? Signs That You May Need Help

Credit counseling is a viable option for those who are... Read More

What the Mail on Sunday Said

Anyone considering Bankruptcy may have experienced fear after reading an... Read More

Credit Repair? Its All Up to You

Log onto to a search engine such as google.com and... Read More

How to Negotiate Debt Settlement

People over extend themselves financially as a result of a... Read More

Going Bankrupt in the World

It all starts by defaulting on an obligation: Money owed... Read More

New Bankruptcy Law ? Targeting the Wrong People?

Last April, President Bush enthusiastically signed into law the oddly-named... Read More

Assess Your Financial Attitude and Eliminate Your Debt Forever

Want to know if your attitude towards your finances is... Read More

Purchase Your Future Now While It Is Still Inexpensive

Leaving school, getting a new job, or even a raise... Read More

4 Simple Ways to Solve Your Debt Burden

Getting Behind Getting behind on your debts owed can be... Read More

How To Avoid Medical Collections

With medical collections costing doctors millions upon millions of dollars... Read More

Debt Elimination 3

Planning To Achieve Debt EliminationOnce you have started the process... Read More

Debt Collectors; And what you can do to Get Them Out of your Life

FTC opinion letter on validation Section 809(a) of the FDCPA,... Read More

Bankruptcy Reform

There are some new bankruptcy laws going into effect before... Read More

Home Equity ? Foreclosure Often Not Necessary in Current Market

While driving around your community, you may have seen signs... Read More

white led bulb led vs induction street light Pete's produce ..