Debt Help Ideas

Father’s Day is coming up and we’re all busy trying to figure out a great gift for that special dad or grandpa that they will love but that won’t add to our unsecured debt load (translation – racking up charges on the credit card )

When we have a guy who loves his Harley Davidson motorcycle, that makes him pretty easy to shop for. We can use a great money saver tip by only going to one store – whichever of the Harley Davidson stores is closest to us.

Once there, I like to do my pocketbook a favor and start with the sales table. I can’t tell you how many goodies I’ve found there for a fraction of the cost. I’ve found cute Harley Davidson T-Shirts (ummm, for Father’s Day, guess I’d better say studly!), great looking belt buckles, and even Harley Davidson decals for the motorcycle or “the other vehicle.” So first I check that out and see if there are any great deals that will keep us within our budget and be something our special guy will like.

In case we didn’t succeed there, or not enough, now it’s time to check out the rest of the store. Some of the less expensive items I always like for gifts include:

• Harley Davidson T-Shirts – my all-time favorite, and my husband’s as well 
• Harley Davidson hats and caps
• Harley Davidson gloves – we use those year round and are always losing them. It gets cold at night in some areas!
• Cups with the Harley Davidson logos
• For that matter, anything usable and in the budget with the Harley Davidson logos 

Of course, as we continue on our path towards our goal to eliminate debt, our bills will eventually start getting smaller. Credit cards will get paid off, the home loan will go down, and things will get easier. As that happens, we can adjust our gift budgets a bit. We don’t want to go overboard, but a little splurge once in a while is nice. If that’s where the budget is now, a couple of other nice ideas would include a Harley Davidson watch (very practical, as they are generally very high quality) or maybe even a new Harley Davidson helmet. It never hurts to have a spare one for company and it’s always nice to have a change. And while I’m on the subject, remember that motorcycle helmets are an excellent money saver. In the event of an accident they can save on hospital bills up the wazoo!

Well, it’s been fun shopping with you. Have fun with the final decisions and Happy Harley Davidson Father’s Day to you and your family. 

Since I have to travel fairly often, I am always on the lookout for helpful travel solutions, especially when they offer ways to save money. Here’s four that have helped me:

If you are flying my favorite airline, Southwest, and want to have a snack on the plane but don’t care for peanuts, or worse yet, are allergic to them, just ask the flight attendant. They almost always have pretzels available as well, even if they don’t mention them. I would ask for them right away though, as they do occasionally run out of them, especially on long flights.

And by the way, if you are allergic to peanuts, I would strongly encourage you to bring your own snack. I read the small print on each of the six different snacks I got from them and three out of six of the packages mentioned they had been packaged in the same plant as peanuts. The other three didn’t have any comment either way. If it was me, I wouldn’t want to take any chances! Even though it definitely saves money to use their snacks, it’s not worth it if it could cause a health problem!

If you are trying vainly to open any kind of package on the plane – pretzels, peanuts, etc. – try using your pen. Just carefully stab it into the top corner, then use the hole it makes to successfully open that irritating yet tasty little treat.

If I am flying for several hours, I always sit in an aisle seat in the back so I have easy access to the restrooms. If I am on a short hop or have to make a connector flight with not much time to get to it, I try to sit in an aisle seat close to the front. For those trips, I make sure my carryon is small enough to fit under the seat in front of me. If I have to get it from the top luggage bins, I’ve found it slows me down and makes me feel totally awkward as well due to all the other travelers who are in a rush and not always patient at waiting for me. That definitely makes for a more frustrating flying experience. By having my carryon in front of me, it’s much easier to just pull it out and plop it in the aisle all ready for me to hop out and head out the plane to the airport. By sitting close to the front, I ensure that I make my connections on time which probably makes it one of the best ways to save money in the long run!

Blog Carnival FUN! Debt Help Ideas is participating in its very first blog carnival – The Festival of Frugality! What a lot of fun for me, and what a lot of great tips to save money for you. The Festival of Frugality Blog Carnival is being hosted by Always the Planner , a kindred spirit who is also seeking to save money along life’s journey and share the process with her readers. I hope you’ll check it out and would love it if you’d come back and share your favorite tip with us when you’re done

Two articles I especially enjoyed reading:

Ginger Beat has a delicious recipe for a yummy salad along with a great way to prepare it so you can make it in the morning and take it to work with you. And it’ll stay fresh all day! Great idea and great way to save money!

Improve the Quality has an interesting article about saving money and NOT ending eating out. Being one who has to eat out a lot due to outside needs, I appreciated the good tips and think you will too. Be sure to read the comments as well as you’ll find some good tips there too.

Last, but hopefully not least , there’s an article about saving money with green frugal gift wrap from Debt Help Ideas .  

What to do with all the money we’ll save from all these great ideas? Apply it to our lowest balance loan and keep on heading towards our goal to eliminate debt, of course! How fun!

Here’s some tips to save money that are also green friendly. The next time we have to give a gift, whether it’s Mother’s Day, a birthday, or even Christmas, we can wrap it uniquely in a reusable shopping bag. Whether we pick a favorite store or just go by whichever bag we think is cutest (I like Trader Joe’s bags), our recipient will end up with a sturdy reusable bag. Not only that, we will usually only have to spend 50 cents – 99 cents which is cheaper than most of the dollar stores around.

To dress it up, we can use white or colored shades of crumpled tissue paper. After they’ve “opened” their gift, we can carefully fold the tissue paper to re-use it for the next gift giving project. It will fold nicely and doesn’t take much space. Another fun idea is to save the kids’ colored construction paper after they finish a project that they did NOT want to save. Run the paper thru a paper shredder, then stuff it on top of the present in the bag. This could get a little messy though, so we’ll have to be sure to have the kids help clean it up after the present is opened.

This works for all holidays including Christmas. Target’s red bags are especially good for that holiday. I’ve also seen green bags that would work nicely. Kids birthdays are another great occasion to put to good use these ways to save money. They always love having cute bags to carry all their prized possessions in. A sturdy reusable bag would be right up their alley!

The really fun part will be tallying up all the money we save by not buying  bags, ribbons, paper, and bows. I know I’ve spent as much as $5 on gift wrap before. Applying the savings from these tips to save money towards our lowest bill’s next payment will take us a step closer towards our goal to eliminate debt AND we get the satisfaction of knowing we did it in a fun, frugal, and green way!

Do you love to give and receive flowers? I know I do! Especially roses. They aren’t cheap though, are they? A great frugal investment we can make is to purchase and plant rose bushes and other perennial flowers around our house. Granted, there is an up-front cost involved, but in the long run this is definitely one of those multi-tasking tips to save money.

One thing I learned to do after buying a house that left me cash poor was to watch for sales at places like Rite Aid and Walgreens. They often get a big batch of plants in for spring, then put them on sale in mid-summer once most of them are gone.

Depending on the area we might even be safe buying plants looking a bit wilted. When I lived in Northern California I bought many roses for a fraction of their original cost because they looked like they were almost dead – wilted leaves, no flowers. With some careful pruning and great compost, they perked up wonderfully. The East Coast has not been as kind to me, but I’ve also had less time to try.

If we are able to do this, we can buy these plants for pennies on the dollar and then enjoy many years of gorgeous, wonderfully scented flowers in our homes as well as use some as gifts for others. I love ways to save money that smell good! Not only that, they add value to our homes, so when we go to sell them, we might actually get a higher price because of all the flowers growing! Now you know what I meant when I told you this was one of those multi-tasking tips to save money

In addition, I love applying the money I saved to my loan with the lowest balance as we march on together towards our goal to eliminate debt!

If you send books, CDs, and/or DVDs to friends or relatives (great ideas for long distance grandkids or elderly shut-ins), you are eligible for one of the best ways to save money on snail mail. And saving money is a great way to work towards our goal to eliminate debt!

Media Mail is ultra cheap and quite easy. Just package up the books, CDs, and/or DVDs in a sturdy box. Don’t include anything else, especially not magazines or personal letters. The post office does do regular spot checks and if you accidentally include those, your package might take a lot longer and will cost a whole lot more! Wrap the package and address it. I usually write Media Mail in big letters on both sides of the package.

Take the package to the post office and request that it be sent via Media Mail. As an example of the savings you will see:

2 pound package from the West Coast to the East coast

Parcel Post would cost $6.97 whereas Media Mail is only $2.58

For a 7 pound package:

Parcel Post would run $12.81 while Media Mail is only $4.33

That’s definitely a great way to save money and work on our debt problem!

Debt Consolidation. You know what I mean. Taking all that unsecured debt and lumping it all together into one loan so you only have one payment. It seems so logical, so easy, so wonderful! We thought so too. Then we discovered the dark side of this option.

It’s just too easy to borrow more. Those paid off credit cards will be calling your name, begging you to use them. Needs will arise like you wouldn’t believe. Before you know it, your unsecured debt will have doubled and you will be miserable!

You’ll be a lot happier and a lot better off if you sit down and make a plan to eliminate debt safely and sanely, one bill at a time. I like the “debt snowball” idea that many financial counselors recommend. You start with the lowest bill and pay it off using any extra money you can. That’s where all the great ways to save money that you will find on this site will come in handy. Pay as much as you can on the bill, not just the minimum. Once it’s paid off, take all the money you were paying towards it and add it to the payment you are sending for the next lowest bill. Before you know it, your unsecured debt will be gone, and you will have gotten so much closer to your goal to eliminate debt!

Always being on the lookout for ways to save money is a great tool to help you eliminate debt.

One of the best ways to save money is to look at your car servicing habits. Here are four tips that may help you:

• Make sure you get the oil changed regularly. Taking good care of your car will save you money in the long run.
• Don’t, however, service it more often than you have to. For awhile, I kept reading recommendations that people should change their oil every 3000 miles. Car experts have discovered, however, that this is more often than necessary. 5000 miles is a better rule of thumb according to various sources, including my own car dealership. (Of course, you need to double-check this with your own car repair site as different models do vary.)
• Before taking your car into a dealer or other business for servicing, check their website. You may discover, as I did, that they offer coupons online for various services. These can save you anywhere from $5 – $100 or more depending on what you need to have done.
• Ask your repair business if they offer coupons via email. One dealership I went to regularly started doing that. It was so handy to have great ways to save money arrive in my inbox. Not only that, they’re a lot easier to find than in the piles on my desk.

Taking good care of our cars while keeping our eyes open for new ways to save money is definitely a great way to work towards our goal to get debt free! We need to make sure we take the money we save and add it to our lowest bill’s payment each month. Eventually we will succeed at our goal to eliminate debt!

As a Christian, one of my top goals is to eliminate debt. I take Romans 13:8, “Owe nothing to anyone except to love one another; for he who loves his neighbor has fulfilled the law,” very seriously.

I have heard a couple of pastors, who I trust and respect, explain that passage refers to unsecured debt such as credit cards. They believe that careful debt on real estate property is acceptable as it is a business transaction. I pretty much agree with them, however in light of the current economic turmoil I am seriously rethinking that policy!

Unsecured debt is definitely one of the worst types of debt to have, though. Credit cards can be great tools if used wisely, with much self-control. You can actually save money with a free, frequent-flyer credit card if you pay off the debt each month.

If you don’t pay it off monthly and instead have to pay interest charges on the monthly balance, I would encourage you to put the card in a plastic container full of water and pop it into the freezer. You’ll still have it for emergencies but it will make you slow down and think through whether you really need what you want to buy.

This is one of many great tips that can help you eliminate debt!

On May 11, the Post Office will raise rates on first class letters. If you buy the Forever stamps, however, they will still be usable with no additional postage required. That’s true whether you use them on May 12, 2009 OR May 11, 2059!!! Talk about an easy money saver tip!

I used to love to buy all the cute stamps with teddy bears, hearts, cartoon characters, etc. But with postage rates going up every year and my goal to look for every money saver tip I can and work hard to eliminate debt, I’ve switched to the Forever stamps forever!