Make eliminating debt a high priority for 2009. With the economy in decline and job losses on the rise it is definitely time to get your personal finances in order.
There are simple ways to eliminate debt and avoid accumulating more debt. But it takes discipline and determination. In our society debt has become a way of life and most of us have become use to living with debt. But that can and should change.
If we are spending tomorrow’s money today how can we effectively be managing our future? God expects us to carefully manage our personal finances and to give to those less fortunate. How can we do that if we are constantly living beyond our means?
2009 Money Resolutions
1. Spend less money. This is the only way to get expenses under control and start saving money.
2. Be a better steward of the money you are blessed with. Be accountable for what you spend, save and give to others.
3. No more impulse buying. This is the hardest for most people to get control of. Impulse spending happens everywhere; the grocery store, department stores and online. Resist the urge and think before you buy.
4. Avoid credit cards. Credit card debt is the hardest debt to get out of but the easiest debt to accumulate. Restaurant meals, gas and department store purchases are the most common items charged. Use cash or debt cards instead.
5. Save money. Make it a high priority to save money from every paycheck. You will be amazed at how quickly you can save a thousand dollars with little effort.
These are just a few of the changes you can make to help get your personal finances in order this year.