7 Ways to Manage Your Debts in a Historical Way!

Written by Debbie Brown

No matter how big the economic depression might be, living frugal must be your sole aim. If you want, you can make your life debt free and breathe with a sense of relief. If we turn back the pages of history, we will remember how during the Great Depression everyone followed the motto: “Use it up, wear it out, and make it do or do without.” Though these words are old but they will show us a path to a debt free life.

Here are 7 simple yet handy tips scooped out from the pages of history that can help you to cope up with your financial stress:

The basic level is to start pulling the reigns of your finances from home. It could be like cooking easy and affordable meals instead of gorging on expensive meals outside. Learn more on home repairing, surf the web for easier yet innovative recipes and many such household works. So the lesson is “do it yourself”.

Have you thought about raising your buying power? This means getting something at a cheap rate. For instance, you can buy food items in bulk at a lower price. It will be like ‘more for less money’. Read the rest of this entry

For most of my life when I was growing up I heard four main words repeated many times: “I have no money”. My mother was a single mom taking care of three rambunctious kids. As you can imagine money was always tight and any amount of debt wouldn’t help the situation. There were many things I wanted and wished I could have but my mothers problems with debt always made my wants an unlikely dream. Because I was just a child, I couldn’t understand why she didn’t give me the world or why our birthday presents were handmade or why we would sometimes ‘skip’ lunch. Obviously today I understand what she went through. Sadly her situation is not an uncommon one.

Through the help from some very good friends and plenty of work from myself I have begun to educate myself on how to manage money. I have also done my best to teach my mother everything I know and she too is learning and her debt is slowly dissolving. I don’t look back at my childhood with regret because I know she did her best. At the same time, I don’t want my children to have to worry about getting three square meals a day.

Right now I am working four jobs and sticking to a budget. I have applied all of the principles that I have read on this blog and it has helped me a great deal. I dream of the life I’ll have after this “work-time” is over. The way I see it is if you dream of how you want to live, work at it until Read the rest of this entry

Written By: Cayden Ryan

True financial freedom seems to be a mystery, as most people have not discovered it yet. Some think it’s not even possible. It is, and it’s possibly one of the easiest things to do, you just need the commitment. Four of the major things you need to do with your money are:

Make sure you have more then one source of income Read the rest of this entry