Reduce all Personal Expenses

Dear Readers of Get Out of Debt,

If you want to get out of debt as soon as possible, a good idea would be to reduce your expenses as much as possible. Today, I have looked at my budget and there are a few departments that I can cut and save money. Living in North America, one of my biggest living expense is energy. During winter time, I usualy heat my home a bit too much. I have decided to wear a sweater in my house and decrease my energy consumption by a few degrees. I think I will save between 20 to 40$ on energy costs. I have also decided to shelf my cellular phone for a few months. I mean that I will use my cell phone at a strict minimum therefore saving 40$ a month. Another department where I can save a lot of money is eating out. I have decided to bring my lunch at work and save at least 25$ per week. Finally, I've decided to stop going out and drinking. As you probably know, a night out can get costly very quickly. Cinema for 2 for 25$, dinner for 2 for 75$, few drinks for 40$ = a great night out for 140$. So, for a few months I will be watching TV at home.

There is probably a lot more places where you could save money. (car, housing, luxury expenses, vacations, etc.)

Thank you and regards,

Eric