Whatever you do - take no notice of Wesley D.
Your only chance really is to cut out all luxuries..smoking/drinking/girls etc
or
Get a better paid job. I appreciate that a degree these days are handed out to far more than in the past. (near 50% compared to around 13% under a more difficult system) I am sure that you could manage to do a lot better than a call centre.Money saving advice for graduate paying off debts...studying..and saving for mortgage!?
I've read a few books on the subject- they all basically say the same thing. Write down EVERYTHING you spend your money on for 2 weeks. From buying a new TV to 25 cents at the gumball machine. This helps you get a real look at what you are doing with it, and what you could do better with it. Add the stuff up, and then compare that number with the salary you get for 2 weeks of work. If you spend more then you make, you will be in trouble. If you make more then you spend, good job, put it to paying off more debts. Pay off debts like this- highest interest rate first. They are the ones gauging you the most, get them out of the equasion. Also if you are having trouble with credit card companies, or student loans, simply call them, and tell them you are having trouble paying them back, and see if they can lower your interest rate so that you can afford the payments to get rid of what you owe them. This might sound dumb, but it works- the companies who you owe money to really do want their money back, and they want to make sure they can get it, even if it means taking a loss on the profit.
I am not in the same situation but I have been in the case where I had to save.
So here's some advice that might work. It is not only about car insurance, it's about lifestyle as well.
For example when you need to do short trips get a bike and not the car-this way you will save money on fuel (and avoid rush hour qeues).
It`s about what we eat and wear as well-sometimes we pay more money on brands but the things is there are same quality products which don`t have an attractive packaging- therefore they are cheaper (but the quality stays the same).
Savings always come from little things or by cutting down on habits that we got used to so much that we don`t even notice them anymore.
So try make a list with things you spend money on and see where you can lower the costs.
Good luck to you and wish you all the best!
Analyze your spending buy writing down all expenses. This includes your daily weekly monthly, semi annual, annual, and any other you can think of. Compare your expense to your income. View each expense category and find savings. Example (you may be able to raise you deductible on your auto insurance and pay less in insurance premium). Use coupons when shopping, move in with a roommate or relative to share expenses, and consolidate any loans with high interest rates. Consider car pooling. There are many area that your can save. Be sure to nickel and dime yourself to trim your expenses. You may find tips in the financial section of www.stayinformed.info.
Good Luck
If you can get in touch with me through my 360 profile I will give you a web address of something I do and which can create a substantial extra income on a part time basis.
What a pity you only asked this question today, as yesterday one of our top ladies was in London at a meeting where you could have found out all about this opportunity.
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