Eliminate or reduce your expenses

To Start:  Jot down where your money was spent last month. Use your bank statement and checkbook for reference.   Compare the outcome with your monthly income.  Chances are that you won’t be able to identify where all the money went.  In addition, there most likely will be a substantial difference between what you earned and what you can remember spending—money that seems to have disappeared.  

Next:  Of all the things you purchased last month, how many could have been delayed for without doing any damage?  You most likely could have postponed quite a bit.  In fact, after contemplating it, a number of the things which you purchased are not worth the debt you’re carrying.
 

Way to Spend Less

To have more funds for something you desire, you must spend less on something else.  That is it.  There is nothing more to it.

 
Here are some certain ways to save money:

•  Use your savings to get out of debt.  Is it really smart to pay 20 percent in interest and earn 4% in the bank?
•  Shop with a list and don’t vary from it.  Don’t go to the grocery store while you are hungry.  No compulsive purchases!
• Rent, don’t buy, things you do not use vary often.
• Cut up your credit cards and charge nothing. 
  
• Quit smoking. 
  
• Don’t buy new clothes until your present ward-drobe is paid for
• Buy generic items at the grocery store
• Buy in bulk.
• Own a used economy car.  You will save on gas, car insurance and  repairs. 
• Don’t trust any bills.  If you take the time to look for errors.  You’ll probably find many overcharges.