Now that the holidays are over you might find yourself with less money in the bank than you expected, but don't panic! Here are some tips to help you pay off some of your debt to get you back on track this year:
Create a budget for yourself.
This will help you manage how much money you're spending each week or month. Make a spreadsheet to help lay out what your spending limits are, you’ll feel great when you have extra money each week.
Sell unwanted items.
The holidays are over, and now you’re left with shiny new items. Find yourself feeling cluttered financially and mentally? Time to clean up! You can sell household items you no longer use, search through your home and gather things you don’t use anymore. Take awesome pictures of your items and put them online.
Having a reward system in place will help you stay on track to pay off your debt. Don’t let yourself get discouraged if you don't meet your goals, try to improve the next week - and the week after that!
Change what needs to be changed.
If you find yourself spending more money than you should every day, consider making changes to your daily habits. Budget a grocery list for the week and buy items to have in your house to take for lunch instead of buying something at work every day, or brew coffee at home and take it to work with you instead of stopping at a drive-thru on your morning commute. You’re sure to see a change in your spending habits with these small changes!