Comments on: Hints for Reducing Debt

By: AJ

AJ — Mon, 13 Jul 2009 22:19:58 +0000

I save money by not spending it on useless crapola. It’s so easy to go blow $300 at places like the container store and then not really have it produce any change to my quality of life. reduce, reduce, reduce.

By: Allen

Allen — Mon, 13 Jul 2009 22:17:58 +0000

I save money by paying close attention to the benefits that my debate can bring. Sounds crazy I know but I can sometimes use my cash back or points from credit cards to help pay them or others off.

By: Lana

Lana — Mon, 13 Jul 2009 22:16:29 +0000

I’m in a significant amount of debate and have had mixed results with my negotiations with lenders. Sometimes they are more than willing to shift my payment plan but others are real sticklers for the original contract. I guess that’s just how life is sometimes.

By: James

James — Mon, 13 Jul 2009 22:14:42 +0000

Something that I have done in an attempt to pay off my debt is to devote any and all bonuses I receive at work to debt reduction. I do my financial budgeting assuming that I won’t get the bonus and then when I get it I don’t feel like I’m missing out on anything when I use it to pay off my debt.

By: Hugh Chapman

Hugh Chapman — Sun, 12 Jul 2009 16:23:58 +0000

Some are tempted to stop paying their insurance premiums, however, and this is a big mistake. Don’t let your protection lapse – contact your insurance agents. Insurance companies are very flexible about reducing premiums and can help you to keep your protection and reduce your expenses.

“Fire your 401k – Make your own pension plan”
http://insurance.hughchapman.com

By: Mike Elman

Mike Elman — Fri, 10 Jul 2009 01:55:18 +0000

One way I ahve seem customers and friends reduce debt is by paying for cheaper accident and life insurance. It is neccessary, but while times are tough, maybe trimming costs with life insurance might be a way to go. I hope this helps.