Budgeting Tips For 2011

Here are eight ways to cut your monthly expenses…

1) Sell household items you don’t use/want/need.

2) Once a month, do a walkaround of your home and car, to spot needed repairs that could become costly ones if gone unnoticed.

3) Comparison shop – always, always, always compare prices, online and in stores. Learn which stores have the lowest prices on different types of merchandise.

4) Cook meals at home more often – s0me analysts estimate this habit could save you upwards of $1500.00 yearly!

5) Exercise and eat well to cut down on medical expenses.

6) Use coupons when possible.

7) Be sure to communicate about the household bills and budget with your partner or spouse once a week. Sit down once a week and do a written budget.

8) Negotiate your bills once a year. This works well for insurance, cable, cell phone, utilities, etc. If you can’t get a better deal from your current provider, switch.

A funny story from the world of credit…

Okay, since here at DFW/Denton/Lewisville Bankruptcy we’re always addressing serious topics, I decided to keep it light today.

There’s a story buzzing around the internet that a 3 year-old recently got an American Express Gold Card application in the mail. Also, there are many report of dogs and cats getting credit card offers. If that’s the case, why is it so hard for qualified folks to get the applications??