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I heard this one somewhere--when you make a small purchase (or a large one!) with cash, never use change. Use bills and at the end of the day put the change in a bowl or can or whatever. The change really adds up and can be used for bills or whatever--in my own case, I usually have $30-40 by the time my piggy bank is full, and I put that money towards my Dave Ramsey debt snowball.
Dave Ramsey teaches us to save money and spend it wisely in his lessons. My husband I are on our debt snowball baby-step. It's easy to understand, and easy to watch. He's not doing anything new that our grandparents didn't do, but he teaches our debt-addicted world how to get it all back.
I have a rule called 50-20-30 Debt savings and power pay down... I re budgeted everything and found out I was way over debt.. after working hard on power paying bills I was able to fit into this percentage rules.. 50% Must haves- rent, insurance, gas, food, your things on what you need to live off of 20% savings- Paying down debt 30% wants- cell phone, cable bills, subscriptions ect. Things you want but can live without
Power paying, you will take your smallest bill and pay it off .. you use that amount then pay that down. roll those payments over to the next bill and so forth.. also line them up to the highest interest rates to balances..
By doing these rules I was able to be debt free in 5 years.
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