Debt repayment

Debts can be a big burden on your expenses. Because of debts you often have a lot less money at your disposal. Debts can occur because of neglecting payment obligations, for example not paying the rent or leaving bills unattended. Many people also have debt because they borrow more money than they can pay off.

If you have debt that hurts it's best to not leave this topic aside. It's important to arrange your debt properly and prioritize debt repayment. Not just because you will be more healthy financially, it will also make you feel better in your head and your body.

Imagine that you no longer have to pay those bills, that you don't have to receive those reminders. A wonderful idea, a great feeling to control your own life.

To pay off debts it's good to first start with a plan. How much money do you receive every month and how much do you spend? What can you save money on in order to pay off more of your debt? Apart from that you can also ask for help from organizations that specialize in this. This is especially a smart move if you have problematic debts.

One good way to avoid very high interest loans is to borrow money from friends.


Further reading

Car sharing

No money to buy a car? Be glad, because without a car you have fewer problems. You could try car sharing instead. Car sharing is a global trend and it can be a pretty good option besides public transport or even hitchhiking. Car sharing is a relatively good solution for saving money. Sharing a car without money is only possible if you're driving a sponsored car or if you have a friend who lets you use their car.

How to save money on groceries

There are two things sure in life, death and taxes. And actually, there is a third thing we can be sure of: inflation. Over time prices of almost all products are rising. This is especially obvious with groceries. World food prices have been rising more steadily in recent years. And you might feel that in your wallet. Saving money on groceries is a good way to get around it. How to save money on groceries?