Woohoo, it's a new era. A new president. One of the biggest questions = can he get us out of debt? Time will tell. But on a personal level, yes, we all can! During this shaky economy of ours, with mass lay-offs, bottomless bank bailouts, incomprehensible national debt, all creating a general sense of financial stress and uncertainty, many of us want to hunker down and feel some personal fiscal security. Whenever I ask my clients, why they want x amount of money, the answer is always, freedom. Freedom to spend more time with the family, or just being, doing stuff they actually enjoy. Typically, they need more money in order to get out of debt faster. Debt creates stress. For most because, needing to make more money, invariably, creates even more stress. And right now, with increasing unemployment, making more money, may not even an option. So, the best strategy to get out of debt faster is by scaling back and spending less. Here are some quick tips to spend less, save, get out of debt, and have more family fun in the process.
- Cooking together instead of constantly dining out, not only saves money, it creates meaningful times together.
- Borrowing, swapping and sharing items among friends, family and neighbors creates community.
- Sell stuff stored up in the closets and garage, that you never use.
- Shop at thrift and consignment stores and create a more unique sense of style.
- Join the library for books, magazines, DVDs and CDs.
- Museums and galleries all offer free days.
- Instead of going to the movies, have family talent night and laugh out loud!
- Instead of going to the mall, take a hike. Connect with nature and get in shape in the process.
- Quit drinking and smoking, both will save your money and health.
- Learn to sew, get crafty. Do small fix-it things yourself.
Get back to basics. The best things in life really are free. Get creative, save money, and in the process create more fun and self-sustainability. Forge new bonds of love and friendship. It is quite often in hard times that people pull together and get back to the roots of what is really important – sharing ourselves. And kids, most of them would trade in stuff for more of your time and total attention. It is love that makes the world go around, it is love that makes us happy, not stuff and not money. Less debt = less stress. Less stress, equals more mental, spiritual, emotional, and physical freedom to be present enough to enjoy life and family now, versus later. With debt, quite often, our happiness and freedom is mortgaged and deferred to a later date.