Most of us are feeling some sort of strain from the current economic situation, even those who are good with money. The loss of a job or a cut in pay to keep a job are both real events happening all around us. How are we to make “ends meet” with money so tight and not negatively impact our credit?
There is no easy answer to that question. However, here are nine suggestions that may offer an option to your personal financial situation.
Look at your spending habits and determine what are real NEEDS vs. WANTS.
Reduce your spending to only needs, and learn to live within your new means.
Stop using your credit cards. If you can’t “part” with your credit cards, here is a suggestion: Take a plastic container, fill it with water and place your credit cards in the container. Place the container in the freezer, and …