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Friday, July 25, 2008

Tips For Saving Money and Reducing Debt

While searching the Yahoo.com Personal Finance pages recently for new ways to reduce my credit card debt, I was struck by an article that outlines ten ways to save money entitled "Cut it Out" by Lauren Baier Kim of the Wall Street Journal Online. It's well worth reading, because it supports much of what I've been finding elsewhere and writing about on ENiD.

Some of the tips are obvious reminders, like brewing your own coffee at home in lieu of stopping at Starbucks every day. Other suggestions are more interesting: Did you know that cutting your daily shower from fifteen to ten minutes could save your household approximately $208 over the course of a year? And, then, there are a couple of goofy suggestions, too. (I'll leave it up to you to determine which tips fall into the goofy category) Enjoy. Save your money. Get out of debt.

In Debt,
Ed Ness

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