Sunday, July 12, 2009

Coupons Savings and Credit Card Debt Elimination

By now, you should realize that using coupons can be a way for you to escalate your credit card debt elimination program. What you may not realize as a big savings, when you add them all up and apply them to your existing credit card debt balances, the savings are astronomical. For example, my wife and I rarely eat out, we usually have something at home. We went out to eat last night and used a coupon. Usually, the bill at this restaurant is around $38.84 (this is for two dinners ,which produce enough leftovers for one meal each, soda, and 20% tip). We used a coupon last night and had water to drink (it is better for you anyway) and our bill with tip came to $26.46. That was a $12.20 savings. Since we tend to eat out on average once a week, that comes to an annual saving of $683.25.

Who said coupons aren't worth the effort.

That is just one example. We use coupons when we grocery shop and rarely buy things at full price. This has helped in credit card debt elimination, especially when we use the saved money to pay a little extra on our credit card. Now I am down to eight credit cards (yes, I had a problem) from thirteen. You can succeed too.

Have a GREAT day!

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