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The Importance of Identifying the Cause of the Problem


Regardless of whether you are looking to reduce spending for the purposes of debt reduction, or for saving, the first thing that must be done is to identify where you are spending money unwisely. If you are not ready to be honest about a budget breaker, a vice, or a ‘treat,’ then you are not [...]

A Life Without Debt: Where to Cut When You


I’ve mentioned before that I really like saving money. To me it’s like a game to find new ways to reduce my spending. Constantly finding new ways to lower spending keeps me on my toes and protects me from slipping into careless patterns that could lead to debt. It also frees up more cash that [...]

Could You Live on Half Your Income?


Suze Orman was on Oprah last week and one of the pieces of advice that she gave for dealing with the recession was to learn how to live on half your income. The reason behind the advice was that if you have a job loss or a reduction in hours you would have to live [...]