Working toward being debt free? These strategies led to success. (via Grow_mag)
, and tracking her expenses after every outing on a spreadsheet taped to her refrigerator, saved her $3,000. "It helped me see that I only had a finite amount to spend, so I could say 'no' to places that didn't interest me and say 'yes' to restaurants that I loved," she says.: She divided the only money she was allowed to spend on categories like clothes, haircuts, alcohol, and gifts, into separate envelopes.
, which meant paying off debts in order from smaller to larger. Sauer focused on his plan to start a photography business after making that last payment. He says the first cuts he made were to "all the monthly subscriptions that weren't contributing to creating income. So no cable, no Netflix, no Spotify, Pandora, or Apple Music."
Instead of paying for a service, Sauer spent his six hours of workday car time listening to personal finance podcasts or free music streaming apps. He admits the monthly savings of approximately $40 "weren't huge," but it kept him motivated as he worked toward his bigger goal. "Every time I heard an ad I would remember that, one day, when I didn't have my debt, I could enjoy the small luxuries in life like monthly subscriptions," he says.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 Easy Houseplants That Anyone Can Keep Alive, From a Total Lifelong Plant Mom.anniemdaly, if any of these plants die on my windowsill, you owe me $10.
Read more »
The No. 1 university in America now comes with a total sticker price of over $293,000Princeton, Harvard, Columbia, MIT, Yale are among the top schools in U.S. News’ new ranking.
Read more »
Couple allegedly spent $120,000 deposited to account in bank mistake, charged with theftThe couple allegedly used the wrongly deposited money to pay off debts, but also used it on lavish items such as a race car and four-wheelers.
Read more »
45 percent of millennials interested in home purchase say that living costs hold them back from doing soMore than other generations, Millennial respondents also used retirement savings to pay for their first house.
Read more »
Napping this many times a week could protect against heart attacks and strokesResearchers studied thousands of Swiss people to understand whether napping is good for heart health.
Read more »
Student loan experts sound alarm on 'trillion-dollar blackhole'Student loan experts warned the House that the student debt crisis is now a “trillion-dollar blackhole” and was hurting the financial system.
Read more »