When it comes to debt reduction, there are a variety of things that you need to do to help reduce your spending so that you can find extra money to put toward your debt. Making the effort to incorporate No Spend Days into your month can be one way to help you in reducing your debt.
While it obviously has the effect of making sure that no money is leaving your wallet that day, it will also emphasize the areas where you might be spending money without ever realizing it.
While no spend days may seem like a fairly easy activity when discussed, they are much more of a challenge to implement in real life and will show you how easy it is to part with your money without even thinking about it.
As you get better at them and succeed more often, they can truly be a benefit to your budget, debt reduction and savings. It takes effort, but even if you don't succeed at first, the process in itself should be of great benefit to your and your finances.
No Spend Days
May 24th, 2006 at 04:03 am
May 24th, 2006 at 09:52 am 1148464365