How to avoid getting into debt with credit card and personal loans

Doing your own interior decorating can save you a lot of money. There are also lot of other things you can do yourself around the home that can save you money. If you have a flair for DIY you can save a fortune by doing your own simple repairs around the house for example.

Acceptance marks displayed on top left of this...

Acceptance marks displayed on top left of this sign (Photo credit: Wikipedia)

I learned all this the hard way as years ago I was a very poor money manager, money seemed to burn a hole in my pocket and I had thousands of dollars in debt with credit cards and short term loans.

Several years ago I finally decided I had enough and created a budget that would allow me to pay down debt.  To do this I had to find way of saving money as I was already working 2 jobs so earning more money was not possible at the time. I cut down on eating out, expensive coffee, cable TV and all the usual stuff we spend hundreds on each month.

The other area I save a few hundred a month on was doing all my own painting, decorating and doing simple repair jobs in the home. Now I have paid off all my credit cards, personal loans and car loans and I am able to save for my retirement.  It’s easy when you put your mind to it.


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