Stop Wasting Money
Wasting money is not something the average American wants to do. But as consumers and prey to materialism, it’s the easiest to do when you don’t pay attention. Previously, I mentioned the first step to get out of debt is to save $1000 as fast as you can. In order to save, you’ll need to examine your spending habits and stop all unnecessary spending.
“I’ve already gotten rid of a lot”
Get rid of more.
This means that you need to dig down into your finances and find all the money sucking culprits to eliminate them.
Most things that are wasting money are obvious while others may not be.
I’ve put a list of the most common ways that people waste their money. Start by cutting out these expenses and see how much you can save. $7 here and there can REALLY add up and turn into and pretty good chunk of change to throw into that emergency fund so you can start slaying that debt.