Write down all your weekly expenses and seriously look at what you can reduce:
- Rent
- Food
- Car & petrol
- Entertainment
- Clothing; etc
Spend less or no money on all of the following:
- Hairdresser
- Takeaways
- Movies
- Motor repairs
- Utilities – gas, electric
- BBQs
- Pay TV
- Computers
- Newspapers & Magazines
- Snacks
- Clothing
Lifestyle Changes
- Resolve to stay at home and put the money you would spend against debt
- Use a credit card that gives maximum points that can be off-set to purchases
- Set a budget and live within it
- Explain the debt situation to your children & close family
- Rely on ‘need’ rather than ‘want’.
- Reduce meat in the diet
- Work with just one credit card – the best rate card
We highly recommend you buy the book “Hoe to cut your debt to zero in 5 simple steps” written by Adam Goulding also known as Mr. Home Budget.
If your debt situation has become so bad that you just can’t pay your bills from your income then you need help, and quickly before it rockets out of control.
Check the internet today. www.debtescape.com.au or call 1300 661 671 Credit Counsellors Australasia.
