1. Plan
Whenever you go somewhere that you know will cost you some money, make a plan. If you re going to do the groceries for instance, make a list and stick to it. If you are going on vacation, create an itinerary that you can stick with and stay with your allotted expenses. Failing to plan can cause impulse spending.
2. Budget
This is one area many people fall in trouble with. They just don’t do it. Create a budget and put it on paper. You will be amazed on how things become clearer when you see it all in writing. If you don’t know how to create a budget, look in the yellow pages, some companies give free financial consultations.
3. Allowance
Give yourself an allowance. Even if you’re in the process of repairing your financial situation. It’s important to treat yourself once in awhile or depression may set in and cause you to overspend.
4. Credit Cards
It’s just too easy to buy stuff using credit cards. You should only use these cards for emergencies. Did you know that on a balance of $1000 if you make the minimum monthly payment, it will take you over…
Read the rest of: 14 Ways to Save Your Money and Improve your Credit here
