Once you find yourself out of debt, or you are nearly finished paying off the debt that you may have had, whether that debt was on a credit card, multiple credit cards, or elsewhere from other lenders or creditors, one of the best things you can do for yourself, and your family, is to make a series of small changes that, when combined, can add up to make a huge impact on your financial health.
Basically, making small changes so that you become a very financially aware, responsible, and effective individual will help you have healthy consumer habits and ensure you do not find yourself in a position of debt again.
For example, by removing your credit card information from online shopping accounts and your Google management that are on your computer, you will not be able to online shop as easily as if you have all of your information stored. When you are then in the position of having to go find your credit card and input all the information in to complete the online purchase, you will have had time to consider whether or not making this purchase is something that you really need or is in your best interest. You may have very well changed your mind by the time you find your credit card!
But, at the very least, it buys you the time to really consider and think about what you are about to do.
Other ideas to save money by making small changes include the following:
- Buying in bulk.
- Prepare your own snack packs and on-the-go coffee.
- Take your lunch to work instead of buying it every day.
- Cutting your own hair.
- Growing some of your own vegetables.
- Buying generic brands when possible.
Consider temporarily cancelling memberships to online subscriptions, services, and magazines. By themselves they do not seem expensive. However, add them all up and you are likely spending at least $100 or more on them each month.
That is money that could go toward your financial freedom and get you closer to living debt free.
You can also start eating in again, and stop going out to eat. Cooking a good meal at home, or together, has been shown to be beneficial to your body’s health, as well as your mental health. However, if you eat out more than a couple times a week, consider cutting that back to just a few times a month, and watch the savings begin to roll in. One experience at a restaurant can amount to an entire few weeks worth of groceries!