to save for large household purchases
You have your eye
on a brand new kitchen table and chairs set, or a new television
for the living room, but it is just too far out of your budget
to be able to afford it without going into debt. There are
other ways to get that big ticket item that you think you
First, shop around
to get a good idea of the price of the particular one you
want. Then break it down in terms of monthly payments. If
you saved $25 each month, you could purchase a $250 TV in
only six months.
You can also adjust
the amount you save, and the duration over which you save
it. Maybe $15 over 12 months is better for you, or maybe you
can afford to set aside $50 for four months.
Think about what
you can save and with a commitment and will power, you will
be able to afford your big ticket item before you know it,
without going into debt.