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7.05.2011

Get Out of Debt Advice & The Benefits of Coupons

Matt Jabs over at Debt Free Adventure put out a good post about the ways that those of us in low-income brackets can rapidly get great returns on investments. While those earning six figure salaries may not jump big hurdles to pick up a $25 savings here and there, it can be a tremendous boon for those of us scraping to get by. A lot of the advice is pretty straightforward. No one gets ahead paying 18% interest rates on a Visa account, so if you can pay it off, that is by far the best thing you can do to get a good return on your money. If you find yourself in the fortunate position of not having any debt, then you can use coupons and other effective tools to greatly reduce grocery expenses. Most Sunday newspapers contain substantial handouts of 'buy 1 get 1 free' ads and other semi-lucrative offers, and if you can cut 10-25% off your grocery bill, then you can put yourself in the fortuitous position of having a little extra money left over to invest, put in an emergency fund, or designate for some other long-term purchase. To catch a look at some of Mr. Jabs' ideas for freeing up some additional income, check out his work at Debt Free Adventure, link here: http://www.debtfreeadventure.com/high-return-investments-for-low-income-people-oliva-answered/

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