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Control Everyday Expenses and be Debt Free!
By admin | April 11, 2008
If we investigate all the trouble people get into with debt over the years, the daily expenses are usually responsible for about 90% of it. It’s hard to believe, but perhaps it is time to put your budget into place? I’m not a spender or shopaholic and I don’t buy things that I can’t afford, but it had been left up to me to manage the household finances on one wage when my wife lost her job. Currently I’m the one dealing with it, so I’m going to give you a few hints!
General Expenses - This encompasses bills that are outgoing on a regular basis. My house has both electricity and gas. The gas heats the house; the electricity makes everything else work. We are on a meter so we can check how much is being spend monthly. I made a decision that we were spending too much on both so I did something about it. I don’t usually leave things on standby, but you’d be shocked how much energy can be saved by switching appliances off at the plug and turning lights off when you go to bed!
Food Expenses - I only had a takeaway once a month, but I’m buying more food than I used so we’ve been given a new lease of life in the kitchen! Nothing is wasted now! I aware of the best before date on all products in my fridge and everything is used up before it goes off. I often felt uneasy about how much food we threw out before. I’ve also discovered that there is little difference between the best brands and the shop’s own brand so we now just choose the cheaper option together with shopping online so I’m not a victim of that impulse buy!
Topics: Debt, Financial Advice, Personal Finance, Student Finances, Uncategorized |
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