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Budgeting is important for everyone, but for people in a Chapter 13 bankruptcy repayment plan, it’s mandatory. Start by keeping track of everything you spend money on—from magazine subscriptions to impulse purchases at the checkout aisle. At the end of the month, analyze your purchases and decide what you can live without. For help getting started, watch this featured video.

This vlogger explains how she’s saved hundreds each month by cutting out unessential expenses. She offers tips for comparison shopping at the supermarket, curbing impulse purchases, and switching to low-cost alternatives for date night.

 

If your debt has gotten out of control and you’re thinking of filing for bankruptcy, call Cutler & Associates, Ltd. at (847) 961-4572. Our bankruptcy law firm helps families in Aurora, Schaumburg, and the nearby areas get out of debt and restore financial stability.

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