Get in the habit of using debit cards instead of credit cards. Cut up all
your credit cards except one for emergencies.
Use cash for your expenditures when possible. Statistically you will spend
less money using cash. Put your money in envelopes for each expense.
Don't rob Peter to pay Paul. When the money is gone, find a way to "do
If necessary, supplement your income by making extra money with part-time jobs
or selling items on Craig's list or ebay.
Put all your pocket change at the end of the day in a piggy bank. Use it
as an emergency fund.
"If you fail to plan, you plan to fail." Every
dollar needs a name.
If you have some big bills, such as a large car payment, think seriously about
getting rid of that car, even at a loss. Buy a transportation vehicle
until you can afford an upgrade. You will get out of debt quicker.
Unless you save a little money each month, you will never be able to stay within
your budget. There are just too many unexpected expenses that you must be
prepared to cover.
Write it Down
You will never face your expenses if you
aren't honest with yourself. Go through your records for the last 3
months, and write down all expenditures. Most people are surprised by