Saving Money at Home on your Expenses
I was just meeting with a friend on helping him get out of debt. Do you have any debt? What kind of debt do you have? Some people will say there is good debt and bad debt. I know currently there are some people who have no debt, I know of a business that has no debt and has many millions in reserve. My opinion is the best way to live life is through Financial Freedom. The first step to that is to work towards paying off that bad debt. One is example of bad debt may be Credit Card debt at a high rate of interest. We all have living expenses each month and we all have irregular expenses through out the year that we need to plan for. So here are a few quick ideas to think about to possibly free up some of your money each month with out getting another job.
Lending Money to Relatives or Friends
Have you ever loaned money to relatives or friends? I have and some pay you back right away and some it is like pulling teeth and some you may never see. I know my self it does make me feel good when I can help someone out who is in a tough bind. But I also trust others that when they tell me they will pay me back that they will. It doesn’t always work out, like the old saying goes something like “A loan to a relative or friend needs to be thought of as a gift”, how true. I quess it is a bonus if you get paid back. I know if I borrow $5 from someone I can’t wait to pay them back. Here is something I read today;
