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With the economy struggling to get back on its feet, many people are struggling to keep their heads above water financially.
If you’re one of those people, you’ve come to the right place. This article compiles a bunch of different tips to give you a starting point to managing your personal finances.

What is there in your daily habits that you could eliminate from spending? A latte, a pack of cigarettes or bottle of wine? These expenses are small ways of taxing yourself out of saving. If you cut out this expense on a daily basis and put the money in a savings account instead, you could be amazed at the total by year’s end.

Purchasing clothing at a consignment store or thrift store instead of a department store can save you a lot of money. Many people are under the assumption that there is something wrong with clothing from these stores; that is simply not the case. Most of these items are brand new or gently used.

Keep a daily checklist. Reward yourself when you’ve completed everything on the list for the week. Sometimes it’s easier to see what you have to do, than to rely on your memory. Whether it’s planning your meals for the week, prepping your snacks or simply making your bed, put it on your list.

Always pay your credit card bill in full! Many consumers do not realize that paying only the monthly charges allows the credit card company to add interest …