There was a time where collecting Pokémon cards, Beanie Babies, unique snow globes and action figures was a highly addictive hobby. Now the hoards of collectibles consume an overwhelming amount of space and have burned a fairly large hole in your wallet. Instead of letting your collectibles accumulate dust turn them into cash by selling old collectibles online.
Avoid the "I see-I must have" phenomenon by committing to a three-week policy. Use the 21 days to ponder why you want to buy the item, what use it will have and if it will maintain its value. By taking the time to think about the repercussions of your purchase you are avoiding instant gratification and buyer's remorse.
One of the simplest ways to save money is to buy only the essentials. Make a grocery list consisting of the items necessary for your family. Making and keeping a list will ensure you avoid impulse purchases.
Cook to feed an army
Sounds counter-intuitive right? Next time you are preparing to pop a casserole or batch of lasagna into the oven, instead of baking just one portion quadruple your recipe. Bake in bulk and freeze for later. This will ensure less oven time and a quick and easy microwave meal that can be consumed faster than expensive fast food.
Invest in a programmable thermostat
Take the time and invest the money into installing a programmable thermostat. Program to heat or cool your home only during the hours you and your family will actually be home. No need to have a warm house when no one is there.
Quality over quantity
It may seem expensive at first but investing in home appliances of higher quality will save you money over time. Cheap and inexpensive appliances can break more easily and will need to be replaced. All the replacements will add up and eventually out-cost the original price of the more expensive and durable appliance.
Avoid credit card debt
Take a self-evaluation of your credit card usage. If you habitually rack up heaps of credit card debt that you cannot pay back, promise to use debit or cash to avoid the urge to spend money you do not have.
Skip name brands
Cents add up and even the smallest saving are a worthwhile investment. Skip the name brand items that have equally tasty counterparts and save a few dollars each year.
Take the time to become a clever shopper. Most kitchen appliances or home decor items can be found at a much cheaper price without sacrificing quality.
Skip the holiday crowds
Wait to buy holiday items for a couple of days after the holiday. If you are looking to purchase cheap Father's Day cards or gifts wait untill the day after Father's Day to buy your gift for the following year. You will save significant amounts of cash by staying ahead of the game.
To help you visualize the enormity of the debt you have accumulated, make a tangible progress bar. Fill in the bar with the amount of debt you have to repay and have it end with zero. Each time you pay back a debt, erase or minimize the bar. This will help remind you the amount of your debt and the progress you are making to minimize the remainder. Seeing it will help you get rid of it.