Money Control Through Careful Spending While You're In Debt

Money control spending tips to help you through the period of time it takes to get out of debt.  You may wish to incorporate some of these ideas into your monthly spending habits.

Have you ever noticed that the things you buy every week at the grocery and hardware stores go up a few cents between shopping trips? Not by much, just by a little each week but they continue to creep up and up. 

All it takes for the price to jump up by a lot is a little hiccup in the world wide market, note the price of gasoline as it relates to world affairs. However, there is a way that we can keep these price increases from dramatically impacting our personal finances.  I call it having money control over your spending.

 Money Control Ideas For Buying in Bulk:

Buying in quantity gives us the ability to find the best possible prices for the things we use and will continue to use everyday--things that will keep just as well on the shelves in our homes as they do on the shelves at the grocery store or hardware store.

For instance, dog and cat food costs about 10% less when bought by the case than it does when bought one can at a time. Or purchase the largest bag of kibble instead of the small five pound bag.  And if you wait for close out prices you can save even more.   Store large dog food bags where ants or mice can't get to them.

Set aside some space in your home and make a list of things that you use regularly which will not spoil. Any grain or grain products will need to be stored in airtight containers that rats or bugs can't get into, so you will need to keep that in mind.

Then set out to find the best prices you can get on quantity purchases of such things as bathroom items and dry and canned foods.

You will be surprised at how much you can save by buying a twenty pound bag of rice as opposed to a one pound bag.  However, it must be kept in a rat proof container.

You can buy some clothing items when on sale at the end of the year after Thanksgiving or Christmas, such as socks and underwear because they don't go out of style.  Purchase for a year or even two years if the price is worth it.  However, this isn't practical for children who are continually growing.  

January or February has "white sales."  This is a great time to stock up on towels, sheets, and extra blankets that can last you for a few years.  Also you can purchase these from stores that are considered quality discount stores rather than large expensive department stores.

• Women, you can make the clothing you have last longer.  Use your sewing maching or even hand stitches to change your clothing a bit for a fresh look.  Add assessories such as scarves or pins.  Childrens clothing can always be handed down with some sewing touches that can make a difference. You can have your children help you with the changes to make it fun and exciting for them.   

• Men are usually happy to keep the same clothes, but if that isn't the case, look for men's clothing that are on sale at less expensive stores that maintain quality instead of the large department stores or men's stores. 

• Cars are a necessity for many people.  If you must maintain a car, keep it going by finding a good mechanic that you can trust.  If you buy a new car, buy it used with low mileage instead of brand new.  You will save much money by doing this. 

• If possible, work close to home or at home to save money on gasoline.  In America we are currently experiencing lower prices, but it will still save you money to live closer to your job or business.  If this isn't possible, car pool with some of your coworkers. 

• If you're having a problem making your house payment, get a reverse mortgage if you qualify or get a loan modification.  A loan modification is a current solution for mortgage owners who can't pay their increased mortgage payments.  However, never trust the mortgage company to do this for you.  Find a reputable lawyer involved in this process to do this for you.   

• If you are deeply in debt, a big solution is to put your children in the public school system if they are in private school. There are many things you can do to insure that your children are well educated.  And there is also the alternative of homeschooling for a time.     

• Instead of going on expensive vacations, you can plan local trips to inexpensive places or attractions that are free. Museums are wonderful for children and make a great outing.  Old movies can be rented for a memorable family evening.  There are many inexpensive ideas that create wonderful memories.  And they won't bring you the financial pressure an expensive trip might.

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Montrol Control and all associated materials and related studies are the complete work of the site's author, Margaret Lukasik, and cannot be copied by any means without her express written permission.