Category: Home Life

Home Decorating, Repairs, and Ways to Recycle.

Debt Free Living – Dealing with a Tight Budget

As a single mother of two, I started my own home business without any capital and paid off $35,000 debt in 5 years on $1,000 a month income. I am often asked what are the top lessons I would give a family or even a single person who is dealing with a tight budget.

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Simplify Your Budget

There is one way and one way only to get out of debt and that is to spend a lot less than you make. The more desperate your situation, the more drastically you have to reduce your spending.

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Setting Up a Budget

There are two essential things that you need to know when preparing a budget: what comes in and what goes out. Now that’s an oversimplification, of course, but that’s all a budget is-income and expenses.

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