Saving money can feel like an impossibility when we are struggling to pay down debt. Learn how to start saving money with these helpful tips from our expert guest blogger.
Consolidating Your Debt Is Your First Step!
In this day and age there are many people who are in debt. It is very hard to save if you are paying credit cards every month. One step for saving toward the future can be consolidating your debt into one easy sum that you can pay off slowly month-by-month. This will allow you to save more than you used to. Be careful not to charge your credit cards back up. Make a deal with yourself to put them away until the consolidated balance is paid off.
Another great way to save some money is by taking public transportation. Gas prices are probably not going to go down anytime soon so unless you have your own parking space and a traffic-less drive to work, you may want to take the bus or train. That money you save on gas each week will really add up. If you live somewhere that doesn’t have accessible public transportation, try car pooling with a fellow employee that lives near you.
There are also many great apps for your phone that you can download to help you budget your money better. The little steps are actually the major ones that will help save you money in the long run and be debt free.
What tricks can you share with others to learn how to start saving money?