Archive for the ‘Question of the month’ Category
How would you benefit from the Credit Card Act?
Question of the Month:
Question of the Month is yet another effort by the debtcc team to enhance the community knowledge bank. It’s a monthly contest and every month a challenging question will be thrown before the members for responses. The best answer will be chosen collectively at the end of the month by the debtcc members and the admin panel of the site. The winner of this contest will receive a handsome reward of a $50.
The purpose behind this idea is to encourage the members to share their real life experiences in dealing with the financial challenges.
Though different financial issues are being discussed across the debtcc board, but it doesn’t leave much scope to the members to share their personal experiences. Here is the place where it can be done, and also that the new members can get the innovative ideas to deal with their debts along with the conventional ones.
Question 18: How would you benefit from the Credit Card Act?
Since the President has signed the Credit Card bill into law to help the distressed American consumers, there have been a lot of discussions going on about the effects of these changes on American economy. But we are interested to know how you think you could benefit from it. Come and share with us how you feel this law is going to help you.
Winner Post
Answer 1: I was very glad to finally see the government putting some pressure on the credit card companies.
However, I recently received a letter from my credit card company that as of May 1, 2010 they will be raising my interest rate to 23.99%. If I do not want to pay the higher percentage, I can close the account and pay it off at a much lower interest rate.
It saddens me that the credit card companies have apparently found a way around the new restrictions on them, but in essence they have done me a favor.
I chose not to pay the higher interest rate and have entered into an agreement with them to pay off the card. Getting rid of the credit card will help me financially and if I dont have cash for something, I will just learn to do without.
The new credit card law has helped me in an indirect way-and Im greatful to be lowering my debt.
Answer Posted by |Karen Kopec
The other answers worth mentioning are:
Answer 2: The Credit Card Act will protect consumers in several ways. However, I have read our own Government,, the people who voted for this important reform, are delaying implemantation for 6 months! Creit Card company Lobbyists must be very powerful!
Whenever the new law takes effect, it will force credit card companies to stop their unfair rate increases and deceptive fees. Agreements will also have to be written in plain language the consumer can understand.
Your credit card company will be required to provide at least 21 days from the time they mail the bill until the due date. They will no longer be allowed to make the due date on a weekend, a time when payments are not processed. This has been a deceptive practice causing huge numbers of card holders to pay late fees. Due dates also cant include middle of the day deadlines. Your credit card company will not be able to change the due date every month either.
Another very important part of the new law will protect you from "Over your limit" fees. Credit card companies will not be allowed to approve a transaction that puts you over your limit unless you opt in to allow them to do it. This will protect you from those surprise fees on your statement when you had no idea you went over your limit.
These are the major protections. In addition, if your rate was raised because of a slow pay or missed payment some time ago, but your payments have been on time since, you also have the right to request a rate reduction. With laws to back you up, you might be surprised by how readily they say yes!
Answer Posted by |Margo Gallinoto
Answer 3: credit card act is for people like us. if someone gets your identity and opens an account or charges on your accout, this will protect you from being responsible for there charges that are not yours. also note: please people dont leave reciepts at atm or throw in trash thats how it starts. ok. i shred mine and i still got hit. and not once but 3 times.
Answer Posted by |sherry mastromarino
Answer 4: I am not at all sure how I benefit from the cc bill. I guess some things like not changing the due dates are good. Most of what I know about it is from TV. For sure I will benefit from finding this site , probably more than any Obama bill. I have lost a lot but not enuff for a bailout! To Win you have to loose big
Answer Posted by |David LeComte
Answer 5: I became disabled back in 2005 due to an painful illness in the brain called aspergillus fungicides cavernous sinus thrombosis and almost died Im still sick to this day and Im not suppose to stress it could cause a seager. I had a very good job working for Kwan Henmi Architectural and Planning as a Project Coordinator and now Im on social security and it hard. I have three children and one grand baby.I would benefit very much with less stress on my brain.
Answer Posted by |rosalind Zarate
How are you going to spend your tax rebate this year?
Question of the Month:
Question of the Month is yet another effort by the debtcc team to enhance the community knowledge bank. It’s a monthly contest and every month a challenging question will be thrown before the members for responses. The best answer will be chosen collectively at the end of the month by the debtcc members and the admin panel of the site. The winner of this contest will receive a handsome reward of a $50.
The purpose behind this idea is to encourage the members to share their real life experiences in dealing with the financial challenges.
Though different financial issues are being discussed across the debtcc board, but it doesn’t leave much scope to the members to share their personal experiences. Here is the place where it can be done, and also that the new members can get the innovative ideas to deal with their debts along with the conventional ones.
Question 17: How are you going to spend your tax rebate this year?
Hopefully, you would get a fat tax rebate check from the Government this year. How are you planning to spend it? Feel free to share your ideas.
Winner Post
Answer 1: I have new priorites, and thats been the best thing that has come out of my overwhelming amount of debt. First, I will repay all of my non-mortgage debt ($25k to go). Once thats done, Id like to begin saving in earnest for my childrens education. A rebate check will help with those goals, but Im convinced I can get there regardless, with a little hard work and perseverance.
Answer Posted by |ball_mich
The other answers worth mentioning are:
Answer 2: I divorced last summer and moved from Minnesota to Florida. My refund got me into my new apartment and I paid my rent ahead 2 months. Being very frugal, I furnished my new apartment for under $300. My daughter knows my budgetting ways and really doesnt complain too much…she is good about saving money. However she will be getting a brand new bike this weekend for her birthday. There are lots of things I wanted to get with the money but I stuck with everything I needed.
Answer Posted by |SOAPLADY
Answer 3: Hopefully I will get a tax rebate check. This is the first I have heard of it.
I am not sure how I would spend it if I were to get it. I would probably tuck it away for a rainy day. Or for next year when I will probably have to pay Uncle Sam back for it…… LOL! nothing is free from the Government.!
Answer Posted by |lorim1971
Answer 4: I am going to spend mine on a fence and catching up on bills. If there is any funds leftover, I really want to buy exercise equipment so that I can get healthy. Plus, I would love to fix my teeth, years of being poor and homeless have caused my teeth to be disgusting to the point that I hate going into public, I cry a lot because of it.
Answer Posted by |prkkwalker
Answer 5: My husband and I spent a lot of time discussing this very topic just before we got our return. We wanted to have a plan before actually getting the money since it is so easy to " Live like the rich when you have a pocket full of money!" I mean, who doesnt want a new big screen TV and a trip to Hawaii!! Without a plan, I was afraid we would overspend on unnecessary things before sitting down together and looking at past due bills or things collecting dust on our credit reports. I knew we would get enough to at least pay all of our immediate bills and past due bills. So that was #1. We have been talking about buying a house since we met over 5 years ago, but never had good enough credit. So paying some of the more recent things on our credit reports was #2. ( I say more recent things because you NEVER want to start with the oldest. Either they are nearing the "7 year drop off" or they have gone dormant and any "new activity" will pull down your score. Its like waking a sleeping giant. Thats a no no. ) Then finally, if there was anything left, we would do some shopping for unnecessary "fun stuff", because even though it isnt stuff we need, sometimes it lifts the spirits to splurge just a little. Plus, after completing numbers 1 and 2, I think we earned it 
So when we got our number from the IRS, it was far more than we expected which was great. We had this great plan, and we stuck to it. We payed all of our immediate and past due bills. Then we went to our credit reports, and not only took care of some stuff, we also found some things that didnt seem quite right. We decided to dispute them and they were deemed inaccurate and removed from our reports! BONUS!! We bought a new TV and a Wii (you know, for the spirits and when we were done, we had money left. Instead of spending it, we agreed to pay our bills ahead one month so we had a great fresh start for the year.
Every year before, we get our money and go crazy at the stores and buy all kinds of stuff. A few weeks later, we would be the same two people with a bunch of new stuff and a pile of bills on the desk, and, you guessed it, no more money. This time, I have to say, feels fantastic to be one step ahead of the game
Answer Posted by |Jamie Bellah
Answer 6: I have already paid off 50% of my debt. Well, we all know that, paying off debts earlier is always better & if we procrastinate to pay off it they will charge late fees & highest interest rates & it’s going more difficult to pay off them .this year I planned to spend my tax rebate check to pay off my credit card debt. This check will help me to pay off my some bills & other types of debts. I would like to be thankful government to mail me Tax Rebate check of this year.
Answer Posted by |Chandrashekhar
Answer 7: simply put, im not. year after year i have noticed a vicious pattern with my husband an i that we can never get out of. something breaks an we have to fix it we use a card. then we use every last dollar we have to pay off the card an we never ever get ahead. cause about the time we pay off the card something new happens that causes us to use the card again an never getting anything saved. never getting ahead.
so as much as those few cards with balances on them are making me nuts, i refuse to spend a dollar of my refund on paying them off. im committed to save this year no matter what. i picked up a few cleaning jobs were that will all go into savings an add to the balance every week, as i continue to slowly pay off the balances of those cards.
this year i actually got a pretty decent amount an plan on stashing it away an building a nice nest egg incase of emergencies, job loss, or illness. all my other plans have been failed attempts to relieve ourselves from the debt we owe by borrowing an paying borrowing an paying. hopefully this plan works!
Answer Posted by |love_my_things
Answer 8: rebate money most likely would go to the biggest debt I owe. My mother always said One drop at a time will eventually fill the barrel" In order to get rid of bad credit, the best to do is help pay them off with rebate money instead of spending on something you dont really need when your financially strapped.
Answer Posted by |martha del valle
Answer 9: I have already received my tax refund. I was quite excited to have paid off a two Capital One cards COMPLETELY. I also completely paid off a student loan debt. It would have been nice if I had used some for a vacation or something fun like that, but if I am honest with myself I know that the benefit of not having those 3 payments anymore are much more worth it!!!!
Answer Posted by |EmilyH
Answer 10: I am doing home improvements, as well as paying for a new vehicle in cash. I am also saving some for emergency situations, and a little on my kids I will spend a little on my self for working all year, and I will give my mother in law a little to help her out as she just had a knee replacement surgery!
Answer Posted by |Jennifer Schoch
What is your 2010 financial resolution? How are you planning to achieve it?
Question of the Month:
Question of the Month is yet another effort by the debtcc team to enhance the community knowledge bank. It’s a monthly contest and every month a challenging question will be thrown before the members for responses. The best answer will be chosen collectively at the end of the month by the debtcc members and the admin panel of the site. The winner of this contest will receive a handsome reward of a $50.
The purpose behind this idea is to encourage the members to share their real life experiences in dealing with the financial challenges.
Though different financial issues are being discussed across the debtcc board, but it doesn’t leave much scope to the members to share their personal experiences. Here is the place where it can be done, and also that the new members can get the innovative ideas to deal with their debts along with the conventional ones.
Question 16: What is your 2010 financial resolution? How are you planning to achieve it?
You may have made a promise to yourself about a certain financial goal that you want to achieve this year. Tell us about your New Year financial resolution and your plans to achieve it.
Winner Post
Answer 1: My 2010 Financial Resolution is to payoff my PDLs first, by paying them off one at a time during the next 6 months. After that Ill have enough money to make larger monthly payments to my credit cards and medical bills. I have already put together a 6-month budget plan and opened up a savings account. The savings account is for bank overdraft protection which was one of my big problems. The cost will go from $33 each occurrence to $4. My budget plan is situated at my desk, next to my computer so that I see it every day.
Answer Posted by |Linda Russell
The other answers worth mentioning are:
Answer 2: My 2010 financial resolution is to bascially pay everything off my credit that is in the negative, or at least pay something on it. I want to do this because, this time around 2011 I plan on buyin me a house. This is something I should have already started doing, a house should not have to be my reason to want to get my credit back in good standing. My mistake but good credit is something you need to make it in this world today.
Answer Posted by |Monique Thomas
Answer 3: My financial resolution is to finally be debt free or close to it. And be able to concentrate on my school work, instead on how Im going to pay my next credit card bill. I want to finally be able to say that Im a financially responsible individual. Debt has taken a great toll on my life. I suffer from depression and the extra stress that comes with debt and trying to make payments, hasnt made my life any better the past couple of months. I hope I can achieve this and graduate college debt free, so I dont have to worry about anything but the student loans I will need to pay when I graduate in 2012…
Answer Posted by |Dgalvez
Answer 4: FIRST AND FOREMOST:
NOT TO ACQUIRE NEW DEBT !
NOT TO ACQUIRE NEW DEBT !
NOT TO ACQUIRE NEW DEBT !
NOT TO ACQUIRE NEW DEBT !
THEN:
PAY BILLS AS TIMELY AS POSSIBLE !
PAY BILLS AS TIMELY AS POSSIBLE !
PAY BILLS AS TIMELY AS POSSIBLE !
PAY BILLS AS TIMELY AS POSSIBLE !
THEN:
SPEND MONEY WISELY!
SPEND MONEY WISELY!
SPEND MONEY WISELY!
SPEND MONEY WISELY!
That is bascially my 2010 Financial Resolution.
Maybe I can 50 bucks, and spend it wisely… LOL!
Most likely I wont win, but atleast I hope I got my point across!! THANKS!
Answer Posted by |lorim1971
Answer 5: My financial resolution for 2010 is resolve all of my credit card debt. For twenty years, I have always relied on credit cards believing that it was fine to get it now and pay later. Little did I realize that I would still be paying on things that I purchased 10 years ago that I dont even own anymore! Even though we are still carrying a large debt, I feel hope and optimism as I look forward to becoming debt free.
Answer Posted by |tamaramac
Answer 6: I just graduated from college and up to now I still dont have a job.Before I was thinking that looking for a job was easy but it turns out not but I wont stop looking until I have one. Most of the time I ask money from my mom, but recently I stop asking money from her because I got shy, at this moment I feel how hard it is not having your own income, I cant able to go to the town because I dont have money even a single bucks nor buy something to eat. It seems like I cant move because I dont have money, I always caught myself recalling my past when I was still in college, I was very careless when it comes to money, if I receive my allowance, I spend it without thinking of saving,so now I regret it, my ATM runs out of money. So I decided to start saving every single bucks I have in my cabinet and I stop buying things which is not necessary, I control myself on buying foods and just be contented on a 3 times a day meal. Then I plan to go to other place to apply for a job, hopefully I will be hired because i dont know what to do if it keeps going like this.
Answer Posted by |Isabel Loren Guantero
Answer 7: TO pay off all my payday loans and to stay away from them no matter what happens. They are nothing but trouble and costs you mroe money. I resolve to do this by trying to write down the checks and get them to where I can pay them off. I dont want to be in debt to the payday loan people anymore. I cant afford it. I am the only person working in my home of 5 people. Overtime was cut out completly so I am in trouble.
Answer Posted by |CASSANDRA BOHANNON
Answer 8: My 2010 financial resolution would be to get my student loans out of default. Well Ive been trying to make payment arrangements with my loan company for about 7 to 8 monts and they have refused to come up with a resonable payment plan. They took my taxes so Im hoping I will be able to work something out with them now, now that they have recieved a payment of almost two thousand dollars.
Answer Posted by |Megan Matthews
If you are the winner of this month’s QOM, what will you do with the $$?
Question of the Month:
Question of the Month is yet another effort by the debtcc team to enhance the community knowledge bank. It’s a monthly contest and every month a challenging question will be thrown before the members for responses. The best answer will be chosen collectively at the end of the month by the debtcc members and the admin panel of the site. The winner of this contest will receive a handsome reward of a $50.
The purpose behind this idea is to encourage the members to share their real life experiences in dealing with the financial challenges.
Though different financial issues are being discussed across the debtcc board, but it doesn’t leave much scope to the members to share their personal experiences. Here is the place where it can be done, and also that the new members can get the innovative ideas to deal with their debts along with the conventional ones.
Question 20: If you are the winner of this month`s QOM, what will you do with the $$?
Supposing you’re the lucky winner of this month’s QOM. What’s the best way you want to use the money? Let us know the secret desire that you want to fulfill with the money you can win from this contest.
Winner Post
Answer 1: What would I do if I won the 50.00 in the January question of the month? Well:
A) I could go out and party at my local place. Darn, I dont drink.
50.00 would sure buy me four packs of cigarettes but I have been trying so hard to stop smoking. Thats out.
C) Now using it for some of my eating places like Chilis , Texas Longhorn, Ruby Tuesdays and yes KFC sounds really great!!
But if I win , and because its winter here, I will donate to a Food Bank for the homeless.There has been to many hard times for people today that lost their jobs, homes, etc.
Even though I live week to week like a lot of others, I am very thankful for having a job and good health!!!
Answer Posted by |drop9drop
The other answers worth mentioning are:
Answer 2: With my $50 I would buy my daughter Anna a wonderful birthday cake from the specialty bakery in town–All About The Cake. Anna will be 17 in February is nonverbal and has significant disabilities. It would have to be marble or vanilla. Shes not a fan of chocolate. Maybe raspberry? Must have lots and lots of pink roses!
Answer Posted by |rjbrown28
Answer 3: Head for the grocery store and treat myself to a good meal. I have a very limited grocery budget and its a very rare treat to enjoy a good cut of meat or seafood. Of course I will need the trimmings to go along with the entree that I would not normally buy-asparagus if I can find it, a spinach salad mix, some ODouls (I dont drink at all because of my history of family alcoholism AND cost of beer/liquor-so this is a REAL treat too) Last a nice pie or cheesecake. Would be like the Christmas I didnt have because I couldnt afford one.
Answer Posted by |Leanne
Answer 4: as most of you know about 5 years ago i got into some trouble and went through a settlement program. but scince then i found myself venturing back to the old credit cards for a few big purchases like my furnace blew up and my roof needed replaced.
Of course i wasnt able to save enough money in the little amount of time that i managed to be out of the program so im back to around 5,000 worth of credit card debt. kinda stinks scince i swore i would never use them again but it seems like a never ending vicious cycle with us that something big goes that we cant afford to pay for and we end up having to use the cards. lucky for me i did have some saved that went towards these purchases but now im back to no savings so i have officially made it my mission in 2010 to get everything in order and get both money saved and my 5,000 paid off.
so, what i would plan to do is the 50.00 and whatever other money i make on the net and the money i make cleaning houses is untouchable kept in my paypal account or savings (have to go into the bank to get it) were its not easily reached. and the money my husband makes all goes to bills working one down at a time. so 50.00 would be a great place to start my little nest egg!!
Answer Posted by |love_my_things
Answer 5: I owe money to a relative who is living on a very limited income. I realize that $50.00 is a long way from what I owe her, but I have been doing my best to pay off this debt in small increments. She welcomes each payment she receives, no matter how small it may be. Therefore, I would definitely use this money to pay down my debt to her!
Answer Posted by |Shazzers
Answer 6: Throughout my years as a single parent I always prevailed on St. Jude to guide me. Whether it be the rehabilitation of my youngest daughter from an auto accident, dealing with her bipolar illness, and after marrying, my husbands leukemia. Last year it was my oldest daughters mental breakdown. Through each crisis I asked St. Jude to guide me. As I found a resolution, or strength for each situation, I donated to a local charity that helps people in my community, or to a needy family at Christmas – in the name of St. Jude.
As I searched for a resolution to my personal financial crisis (pay day loans and credit card debt), I asked St. Jude for help. I found this website and the rest is history. Should I win this months QOM, I will make a donation in honor of St. Jude to one of the organizations who are aiding Haiti.
Answer Posted by |aubrey
Answer 7: If I was to win anything whether it be a dollar or 50 dollars, I would have a few options on how to spend that money.
First I would consider just how much I really would like to buy something for myself, (like some nice relaxing lotion or body product, or even new bra, but since I make sure everyone is taking care of first including bills, before even consider I buying for myself) but then reality sits in and I know that I would either use it to put toward what I might have for groceries since I have 2 growning boys who literally eat me out of house and home, or use it toward gas, cause with gas creeping up to almost 3.00 bucks a gallon, I may need gas to get to work that week. So really, there are alot of things I would use it for.
I really doubt I will win, but atleast I got to take a second from work to type something other than a "please excuse my debt letter" LOL!!!!!!!!!!
Answer Posted by |lorim1971
Answer 8: I would like to just spend it without a thought.
Buy all the good foods i love…and share it with
my best friend….delores…who always looked out
for me when i was down. Well, there is not too much you can do with $50
i could use it to sponsor someone into my business
that they could otherwise not afford to do at all.
Or simply order two of juniors of brooklyn
vanilla with fresh strawberry on top cheese cakes…
Heaven….
Answer Posted by |gotcheesecake
Answer 9: I know that $50 is not much money, but to a 16yr old young lady (my daughter Samantha) who will be starting college this fall it is alot. Samantha will be attending the College of the Ozarks. It is a student run school where she will remain debt free for 4 yrs of school and graduate with all she needs to enroll into vet school of her choosing. At this wonderful school she will be working for the school 15 hrs a week and that will pay for her tuition. The only thing she has to cover for her first year is room and board of $4,300.00. Next year she will be allowed to work during the summer months and that will cover her next years room and board. So she is going to school and working parttime now to save as much as possible to go towards her room and board for this fall. What will I do with this money? Of course give it to my daughter to put in savings to help her achieve her goal for this fall.
Answer Posted by |AKAJDBeater
Answer 10: If i win this question of the month, I will put it towards my debt on here to get out of debt. i figure if this site is going to provide a person to win a few dollars than the only thing i can think of doing is to give it right back to pay for my debt. after all that is why im here is to get help. this is a way even if its a little to help myself here. i would also say thankyou for the oppertunity to make a little contribution to my own debt. thankyou nancy
Answer Posted by |nancy coon
What has been your most impressive money saving stunt till date?
Question of the Month:
Question of the Month is yet another effort by the debtcc team to enhance the community knowledge bank. It’s a monthly contest and every month a challenging question will be thrown before the members for responses. The best answer will be chosen collectively at the end of the month by the debtcc members and the admin panel of the site. The winner of this contest will receive a handsome reward of a $50.
The purpose behind this idea is to encourage the members to share their real life experiences in dealing with the financial challenges.
Though different financial issues are being discussed across the debtcc board, but it doesn’t leave much scope to the members to share their personal experiences. Here is the place where it can be done, and also that the new members can get the innovative ideas to deal with their debts along with the conventional ones.
Question 14: What has been your most impressive money saving stunt till date?
Living on a budget is difficult but at times we are left with no choice especially when finances are tight. We’d like you to share what’s been the most amazing money saving stunt for you till date.
Winner Post
Answer 1: When it was first suggested to me that I just got rid of all my credit cards and my debit card, I thought thats nuts. Id be free of debt and it would fix my credit but Id have no spending power. I would have to tackle this and even worse I would have to actually start paying them off. So In the hopes really of only trying to prove this was impossible, I began what became one of the smartest moves I ever made. I cut up every card! Ouch. All the store cards too. At that moment I was feeling a bit sick but as I called each lender to say I was closing each card and then ask them to set up payment plans, I felt empowered. (note here that the companies try to persuade you with tempting offers to keep your business when you want to close your card, but be strong!) I was shocked when I had a similar feeling to the feeling of the spending power but it was alot more rewarding, suprisingly. Depending on what you can pay will depend on the legnth of time it will take to get to a zero balance, but stick with it. the smaller the balance the happier I was and It was a challange. The debit card was hard. This was the last hold out for me but this is how you do it. At the beginning of each week If you restrict yourself to only taking out from the bank a certain amount of money and only spend that each week, then you dont need the card anymore Theres no temptation to overspend what you dont have. I was shocked at how fast all this helped improve my credit and I am debt free and so happy today. If I can do this, anyone can!
Answer Posted by |debdecelie
The other answers worth mentioning are:
Answer 2: This is not a way of saving money for a long term but, when walmart quit thier layaway program i was kinda at a loss as to how to purchase christmas presents without using a credit card and scince walmart is usually were i shop for christmas i got the idea when i recieved a gift card for christmas that year for 50.00.
my problem with christmas clubs and sort is that sometimes i would get into a really bad jam and couldnt access it or wouldnt add money to it. so i took that gift card and everytime i went to the store i added 5 or 10 dollars to it every week. Now on the real hard weeks i would miss here and there but for the most part i did commit to it and by black friday i managed to save 300.00
I honestly HATE black friday shopping but when it comes to getting the best deals that 300.00 goes a long way when you can get child size pjs for 3.00 and adults for 8.00 i think. i stuck with what was door buster prices as gifts and still had some money left on my card to buy some groceries.
Answer Posted by |love_my_things
Answer 3: Well the first one for me was to get my payday loans paid off!!! That was a GREAT feeling But now I have saved my daughter $3030.00 on car repairs. She was having problems with her car and was told it would cost her $4000.00 to fix it. Not like she would be able to pay that kind of money, because she is laid off right now. So I called the guys that fised hubbys truck and asked if they would be able to look at her car for us. They did, free!!! Then they figured out what was wrong and told me they would only charge us for parts, seeing as she is not working right now and needs a good dependable car. So the cost of fixing her car is only $70.00. I almost cried. These are good guys (young guys) and who says the youth today only thinks of themselves? We ended up paying the bill for her, seeing as her unemployment checks dont go that far. Another money saving move we made, was facing the crazy shoppers the day after Thanksgiving. I needed a new camera and I got one that I was looking at before, but couldnt come up with the $140 before Black Friday. I got it on sale at 5am for $50 It was well worth facing the crouds for it. All together that day we ended up saving ourselves almost $500. And it was mostly stuff we needed around the house. I love a good deal 
Answer Posted by |puddlejmpr
Answer 4: My money-saving strategy consists of 3 components. First, buying only what is absolutely needed (what I WANT is not even a consideration at this point). Second, making a list of needed items and absolutely sticking to it. Third, searching on the internet for coupons, clipping coupons from newspapers, and scouring sales ads. If its not on sale, I dont buy it. If I have a coupon, I may double up depending on the item. I have been able to get an oil change for $15 with a coupon, a free haircut, and 50% off service/maintenance for my car from stations trying to "drum up business". The economy is my enemy and I will not be conquered. I plan on winning this war.
Answer Posted by |aubrey
Answer 5: Goodwills, St Vincents Depaul, Salvation Army, Yard/garage sales, consignment shops and the list goes on. This is mainly where I purchase clothes for myself, my 4 young boys and my husband. I have used handmedowns thankfully my boys dont mind. It is really amazing what nice clothes people give away with tags also. If i dont buy my clothes there I go right for the clearance racks~the best way to save
If you dont shop any of these stores or do garage sales now is the time. Its a great way to save some money, I cant even imagine how much I have saved throughout the years.
I have to say this is an impressive money saving stunt that can be used by anyone.
I recommend it
Oh and there is so much you can find, whether it be furniture, kitchen accessories, electronics, just endless.
Answer Posted by |wendylynn93
Answer 6: I had both an expensive cell plan and full cable/internet package for my home. I decided to roll everything into one. I now have a Smartphone with a data package instead of internet and cable in my house. I also do not have a landline. Thus I am able to access everything I need from my phone. Ive found that anything which cant be done at home usually can wait until I get into the office the next day. Having basic cable has frankly been a blessing because I waste less time. Sometimes this arrangement is inconvenient because anything internet related must be done via my phone, but all in all Ive been saving about $100.00 /mo. because of it.
Answer Posted by |Eamon
Answer 7: Planning to be bumped.
We take two trips a year to Myrtle Beach SC to visit my parents. One at Christmas the other for Easter.
These are short 1 hour flights on Spirit Air from Atlantic City NJ to Myrtle Beach. A pair of round trip tickets cost 450-650.
Last year, having learned from past experiences that Spirit always overbooks we “budgeted a couple extra days. Planning to return on Monday but not needing to return till Wednesday.
On the day of our return flight we offered up our seats at check in if needed. Spirit gave us two round trip tickets plus seating on another plane home on Wednesday PLUS they gave us an additional $200 each, because they accidently loaded our luggage and two $50 vouchers for future flights.
We are flying down to Myrtle Beach this Christmas on the free ticket vouchers and planning to offer up our seats for the return trip on Monday AGAIN.
As of now the first seat of tickets cost us about 650 – the two comp free round trip worth 495- the $400 they gave us – the two $50 vouchers puts us ahead by $345.00.
I hope we get bumped again this Christmas.
Answer Posted by |Badabing
Answer 8: The most impressive money saving stunt till date:
Daily, I would spend $10.00 to 20.00 a day on take-out/fast food, at least 5 days a week. That was $50.00 to $100.00 a wk. multipy it times 4, monthly $200.00 to $400.00. For the last couple months, I have only purchased fast food twice a month. I have even lost a few pounds. Talk about saving money.
Answer Posted by |Sandra Escobedo
Answer 9: WHEN EVER I HAVE A 5 DOLLAR BILL IN MY WALLET I PUT IT IN A WATER JUG AT HOME.I WILL NOT SPEND A 5 DOLLAR BILL AGAIN. YOU WOULD BE SURPRISED HOW QUICKLY IT ADS UP. A GIRLFRIEND OF MINE DID THIS FOR 3 YEARS AND TO HER SURPRISE SHE SAVED $12.000 WITHOUT EVEN MISSING IT. I HAVE A LONG WAY TO GO BUT I WILL STICK TO IT..
bellhopmonkey@gmail.com
Answer Posted by |bellhopmonkey
