Summer Debt Shape Up Week 6: Shred your spending

Summer Debt Shape Up Week 6: Shred your spending

Week 6, people – time to Turbocharge your Debitize Summer Debt Workout.

6 areas to look at cutting your spending. This can have you powering through your debt. 

1. Daily Coffee, Tea, Boba?

Save $4 a day, $28 per week or $112 per month.

2. Recurring Payments

Check your credit card statement, what are you automatically paying for, music, the gym, audible, long forgotten business app?

3. Cable

With Netflix, Hulu and all the other streaming options do you really need this?

4. Eating out

$10 for lunch, $50 per week,  $200 per month – perhaps PB&J for a couple of months will taste really good washed down with a side of  financial freedom?

5. Insurance

Call your insurance company or spend a couple of hours shopping around, it can be totally worth your time to reduce your monthly spend.

6. Personal grooming

Instead of having your hair cut and styled weekly, cut back to every other week. If you have your nails done twice a month, cut back to monthly, or have manicure parties where you do it at home with your friends instead. If you buy expensive shampoos, look at lower-cost options.

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