Fun Fast Debt Elimination: Two Rules That Will Teach You How Too Save Money

Fun Fast Debt Elimination: Save Money? Most of us say that we can barely keep our heads above water. After the monthly bills are paid there is nothing left.

In fact, for many of us, there is too much month left at the end of the money, instead of the other way around.

But the fact is that even people with very low incomes can save money in surprising amounts by learning how to manage the money they have.

THE FIRST RULE OF SAVING CASH:
GET STARTED NOW!

The first step you need to take is to start saving NOW! Even today there are choices to make: Is this an essential expense? Is this an expense that can be deferred? Is this something I want or is this something I need?

In most cases, a salary that does not stretch from payday to payday does not mean insufficient funds – it simply means the timing of the expense and the pay check are off. It also says that you are probably not as careful a spender the week after payday as you are the week before. When we talk about savings most people think, “O.K., I will try living on a budget, and at the end of the month I will put what is left over into a savings account.”

But it does not work that way. Something always goes wrong. At the end of the month, you come up short. The solution is pay yourself first.

RULE # 2:
PAY YOURSELF FIRST!

The most pain free way to save is to pay your self first. That is put, yourself and your future before any other demand on your money, and deposit a set amount every payday into a saving or investment program.

Many employers offer payroll plans that automatically deposit a sum, determined by you, into a savings account each payday. This way you will never see the money, let alone be tempted to spend it. It is regular, it is constant, and you quickly adjust to it. Banks, too will automatically move a set sum into a saving account.

This eliminates the need for will power. The important thing is to have the money come directly out of your paycheck, or right out of your checking account before you have the chance to spend it. Just think of your savings as a bill that needs to be paid first.

Key Words: fun fast debt elimination,debt condition,debt elimination,pay off debt,debt free living,eliminate debt,debt relief