Save money on meals
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If you spend one hundred dollars a week on average on all of your meals, including eating out and at home, and you could cut that amount then the money you save could go towards your debt. Now, I know that one hundred dollars may seem like nothing to quite a few of you but it is possible for a family of four to eat in comfort and perhaps even eat healthier than they normally do.
So, let’s just pretend you spend one hundred dollars a week and you can adjust the idea to what you actually spend. If you could only spend $75 a week save the other $25 then you would have an extra $100 a month to go towards your debt. It may seem difficult but it is not that hard to cut back on the cost of the food you eat for a week. Many people could pay off great amounts of debt just by eating at home and not eating out.
You could also shop at a discount grocer such as Aldi’s instead of hitting the locally owned, and often higher priced, grocery store on the corner. Even a trip to Wal-mart often can cost twenty to thirty dollars more than what you may spend for the same amount at an Aldi’s type grocery store.
Another way to save money on meals is to share a meal when you go out and cut out the appetizers and alcoholic drinks. This alone can turn a fifty dollar meal into a ten dollar meal and you still get to go out and have a good time. Often, my friends and I will have an appetizer at home before going out so that we do not order as much at the restaurant.
Try saving money on your meals for just one month and see how much extra you have to send to your credit card debt!