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Posts Tagged ‘budgeting’

Cutting Back the Bills

Tuesday, September 1st, 2009

CNN reports frugal tips and tricks from Jeff Yeager’s “Ultimate Cheapskate’s Roadmap to True Riches”. Yeager highlights ways to save on both groceries and laundry.

We all know brown bagging our lunch is cheaper than going to a restaurant. But, what do you put in your lunch bag? Try substituting home cooked meats for expensive deli cuts. Roast a turkey and slice it yourself, saving valuable funds in the process. Also, check out the international food aisle. Yeager says many staples, such as rice and beans, are much less expensive there.

Many of us can cut back on our laundry expenses as well. Yeager advises hanging clothes on a clothesline instead of using a dryer. It saves utilities and clothes last longer. Using cold water is also less expensive and preserves clothing.

However, there are times when no amount of budgeting can solve your financial issues. Perhaps you have been hit by catastrophe and are trying to pick up the pieces. If bankruptcy seems like the way out, call the professionals. The law firm of Jeff Davis is on your side.

Budget Basics

Friday, August 28th, 2009

A budget can be a huge help in taking control of your finances. One of the first steps to establishing a budget is knowing your expenses. Expenses can be both fixed and variable.

For example, a fixed expense is one that is the same every month, like your rent. Variable expenses are those which fluctuate, like entertainment.

Consider tracking expenses for a couple of months. Write down every expense in a small notebook, or keep all of your receipts. Sometimes you can find funds simply by paying more attention to spending.

However, there are catastrophic events that can shake the foundation of even the best laid financial plans. Divorce, health issues, the inability to work due to a disability are just a few of the reasons people can get lost in an abyss of bills.

Bankruptcy is both a last resort and a new start. If you are out of options, do not despair. Call the bankruptcy professionals at the law firm of Jeff Davis. Get the right guidance now.












































































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