Debit It

Debit It

Use a debit not a credit card Directions: When you buy anything with a credit card, there is a strong possibility that you will not pay the item off within your regular monthly budget. That’s where debt problems start: spending more than your monthly budget. When you use a debit card, you can only use [...]

Double Up Payments

Double Up Payments

Double your monthly credit card payment Directions: Set additional money aside every day – as little as one dollar – so you can double your payment on a debt. Start with your smallest monthly payment first. When you’re done paying on the smallest debt, take the money you were using to double up on that [...]

Freeze your Credit Card

Freeze your Credit Card

Think before you buy more stuff Directions: Do you really need that second iPad? That scarf? That electric nose trimmer? Maybe. Maybe not. But if you are an impulse buyer, then the best thing to do is to not have your credit card where you can get to it easily. If you’re going to buy [...]

Live on a Budget

Live on a Budget

Create a monthly budget and live within it Directions: For every dollar you spend of your disposable income (the money you have budgeted for fun), save an equal amount in a savings account. Another way to think of it is to cut your disposable income budget by 50% and put the other 50% into savings. [...]

Save Constantly

Save Constantly

Save 50% of your disposable income Directions: For every dollar you spend of your disposable income (the money you have budgeted for fun), save an equal amount in a savings account. Another way to think of it is to cut your disposable income budget by 50% and put the other 50% into savings. Recommended Frequency: [...]