Make it a happy whole year!!!

dealer_wins

By not using Payday lenders at all. (and mainstream loans/cards really)

By not borrowing for luxuries at all.

By living well within your means.

And by saving at least 10% of your income each money into an emergency savings account to only be used for genuine unexpected expenses.

fozmcfc

Agreed.

Even if doing the first 3 means you can't do the saving bit, it's still the sensible thing to do.

thamespirate

hi:rotfl: all point 1 , i will not be useing payday loans and never have. 2 no luxury this year for me only buy what i need. 3 yep i intend to live within my means , 4, again yes as i have started a savings habit not sure what percent but am saving. let me also add i am free of credit card debit , so 2012 is looking good for me and my family,. I do not intend taking out a loan of any sort in 2012 and beyond , and will not ever build up credit card debit again , will only use cc for large items re protection and points as long as i have money set aside to pay off . i had 10 credit cards now only 3 all good for points . have set a tight budget , other cards payed off shut down no outstanding balances on the remaining 3 cards . i feel good just putting this in writing. HAPPY 2012 to you al,l good luck in the battle against debit . 1 thing i have noticed is you sleep better when debt free .

DorsetGirl_2

No 3 is going to be my Mantra this year, and I am going to try hard at number 4.

First two dont apply to me but I definitely agree with them.

geoffky

Just a pound a week is enough for a emergency fund. do it as it makes so much sense.

Phill_Anderson

Making a budget is essential because it is a way of being intentional about the way you spend and save your money. Budgeting teaches family members spending responsibility, accountability and live within our means.