This is a contributed post from JR on saving money.
In a perfect world, you could control how much things cost and always have an abundance of money. Sounds pretty good, doesn’t it? Unfortunately, things rarely work out that way, and there always seems to be an emergency expense you weren’t prepared for.
If this scenario sounds all too familiar, there are things you can do to save money. You just need to know how to do it. Aside from clipping coupons or having to live below your means, here are money saving hacks you may not have considered.
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Before we jump into the hacks, let’s talk about debt consolidation. If your debt is higher than your income, you need to find a way to get on top of it. Depending on the type of debt and how you got to this point, you could consider consolidating it.
In addition to rolling multiple credit card payments into one at a lower interest rate, you could apply for a personal loan to pay everything off. If you go this route, just make sure that it’s the right choice for you. Individuals with only a small amount of debt can easily use a personal loan to become debt-free.
However, if you have a lot of outstanding bills, credit, medical or even your mortgage, you should text out to those agencies and see how they can help.
Sell Your Car
If you’re shelling out hundreds of dollars each month just to drive a few miles a month, you should think about selling it. The cash you can acquire from selling your car can help you improve your financial situation and in between car payments, insurance, and the cost of gas, it just doesn’t make financial sense to keep a car in your possession that you simply can do without.
Skip Happy Hour
Besides coffee drinks, nothing drains your wallet like a couple of happy hours. While there’s nothing wrong with stopping by once in a while, hitting happy hour a couple times a week can add up. Even once a week can cost a couple of hundred a month.
Become A DIY’er
Learning how to fix things on your own can help you save money. While some repairs are best left to the professionals, like HVAC maintenance and repair, there are plenty of home repairs you can do on your own.
Why pay for someone to fix your baseboards when you can do it yourself? Look for little jobs you can learn about on YouTube and become a DIY master.
Go to the Library
If you love to read, you save money simply by heading to the library. While some of the latest best-sellers Might not be available yet, there are plenty of other options to choose from. In addition, you can always rent a copy on your Kindle instead of buying a physical copy.
Plant A Garden
With rising food prices, learning how to grow fresh fruit and vegetables is a good idea. Seeds cost pennies on the dollar, and you can even grow them inside in planters. Tomatoes, peppers and cucumbers can be grown indoors or on a balcony, as well as strawberries and squash.