Reduce Your Credit Card Debt By Cutting Out The Coffee Break

By William Blake

Studies prove it; people with high levels of credit card debt do indeed enjoy life less. In fact, levels of happiness seem to be directly related to levels of debt for married couples. Believe it or not, reducing credit card debt is an effective way to make your love life better.

The most efficient way to reduce your credit card debt is to find an area of your budget where you spend an amount of money that is more than what is necessary. Then, cut back your spending and use the money you save to pay off your credit card debts. One area of the budget that nearly everyone spends a lot of extra money on is foods and drinks outside of the house. Remember, though, that you need to use the money you save to pay off debts, not on something else.

Keep A Food Spending Diary

You need to be aware of just how much money you are in the habit of spending on food on a monthly basis. Doing so will make you realize just how much money you could be saving if you spent just a little bit less on snacks and convenient, ready-prepared drinks.

If you change your habits too rapidly, you are more likely to feel overwhelmed by the changes. On the other hand, making slight moderations to your food spending habits is more doable. Sticking to your plan will leave you feeling proud.

Coffee Drinks: How to Cut Back

There is no denying it, coffee shops like Starbuck's have become a strongly entrenched part of modern American culture and breaking the cycle of high priced coffee spending is anything but easy. Buying a five dollar coffee, tipping the employees, and then adding a specialty pastry like a bagel, scone, or croissant is an expensive morning routine.

Reduce credit card debt by making coffee at home and skipping the stop at the coffee shop. You can buy a coffee brewer and a pound of coffee for about the same amount you spend on coffee drinks in one week.

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