How don't you go broke & up to your eyeballs in debt?!

[MrNewportCustom]

My personal policy is that if I don't have the cash to pay for it, I just don't buy it. That can be hard sometimes, but I've seen too many people really struggling to get out from under credit-card debt. It can be a pretty big monster to tame if it gets out of control.

Exactly! I got my first credit card at 21. I finally got out of debt ($21,000) two years ago, at the age of 42. Half my life in crushing debt!

Buy when you have money, wait when you don't. But always, always pay your bills first.

After reading scotrace's post, I noticed something in my life: I sometimes got two or three credit card offers in my mailbox a DAY back when I had credit cards and debt. Now I get fewer than that in a MONTH!

Lee

 

[MrNewportCustom]

Put away your loose change!

Get a jar, get several jars, and decide what coins you're least going to miss (my dearie and I do 5p, 2p, 1p, 10p and 20p pieces)
Whenever you get a pocket full of loose change - or rather not a pocket full, or you end up with great big holes in your good pocket linings - sort it out into the appropriate jars. When you want to cheer yourself up, get a couple of those little plastic bank cash bags and count it up

Put it this way, in the last six months we've salted away nearly £70 for Christmas spending, that we haven't missed. If we need change for buses, we take it out of the pot. It mounts up astonishingly quickly!

I do this, but I drop my change in the pitcher every night, and singles into a jar. What you see here is about six months worth of end-of-the-day money tossing, resulting in an estimated total of $350.00 to $400.00 between the two. There's almost $100.00 of rolled coins under the loose, and that's $176.00 in singles. (I don't drop the singles every night.) This could be a heck of a vintage wardrobe bought in a thrift store or yard sale.

Lee
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I roll my own.