Couponing Helps Get Rid Of Debt Once and For All

I’d say for 95% of us who coupon we started because we needed to save money. The first time you save over $40 at the grocery store, you’ll never shop any other way again {afterall we are addicted to saving money here at CincinnatiCoupons.net!}.

The average American has $14,750 in credit card debt. That should be an eye opener to us all!

To help pay down your debt you may have turned to couponing. To begin paying down your debt by using coupons, set your family on a weekly budget. No matter what, stick to the weekly budget. For my family, I spend $25 per person ($100 total) a week on all of our grocery, household items and personal care products. There are a few weeks throughout the year that I may spend a smudge over that amount, but, it’s well worth it.

There are also the weeks that I spend well under my allotted $100, thanks in part to my stockpile! On those weeks I put that amount into our savings account {thankfully, we don’t have credit card debt!}. However, if you have credit card debt you can use this extra money to begin paying down your debt once and for all! Every little amount helps and you will begin to feel great about paying the debt down.

Once you get into a flow you will recognize the sales cycles and grow your stockpile. This will help you to pay pay less on groceries and put more towards paying down your debt. To begin paying down your debt I recommend taking at least half of your weekly grocery savings and pay on your debt. If you are still struggling to get make ends meet you really need to take a look at your monthly debt to income ratio. From there make decisions on what can be cut from your bills. Is there really a need for all those minutes on the cell phone? Do you really watch all 250 of those Direct TV channels and so on.

For more ways on how to get out of debt, check out the article I wrote on how to Pay Down Debt.

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  1. […] Once you get into a flow you will recognize the sales cycles and grow your stockpile. This will help you to pay pay less on groceries and put more towards paying down your debt. To begin paying down your debt I recommend taking at least half of your weekly grocery savings and pay on your debt. If you are still struggling to get make ends meet you really need to take a look at your monthly debt to income ratio. From there make decisions on what can be cut from your bills. Is there really a need for all those minutes on the cell phone? Do you really watch all 250 of those Direct TV channels and so on.Source: cincinnaticoupons.net […]