When you’re living paycheck-to-paycheck and struggling to pay off your debts, saving money can feel like an impossible pipe dream. But you’d be surprised how the small act of getting creative in finding ways to save money can pay off. Commit to better financial health with these five easy-to-follow habits:

5 Creative Ways to Save Money

When you’re living paycheck-to-paycheck and struggling to pay off your debts, saving money can feel like an impossible pipe dream. But you’d be surprised how the small act of getting creative in finding ways to save money can pay off. Commit to better financial health with these five easy-to-follow habits:

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Rainy days can be peaceful and relaxing — unless, of course, the roof starts leaking and you suddenly have an unexpected expense and no funds for repairs. Emergency funds are used to cover expenses for all kinds of unforeseen situations, from medical bills to housing repairs. Without any savings, both individuals and families can get a real shock when problems arise. Emergency funds should amount to at least $500 to $1,000 kept in a savings account you do not touch unless you have a real emergency. It’s smart to save on a daily basis — in ways that don’t stress your budget — so you are always prepared for that inevitable emergency in the future.

There is more than $1 trillion in credit card debt in America. How much do you have? When you have high-interest credit cards and balances that make the bottom line of what you owe go up every month, you may find it doesn’t take long for your debt to snowball. There are many ways to find debt relief, but some methods are better than others when it comes to paying off credit cards. Some people look to debt settlement as a solution. This is where you stop paying all your bills and instead work with a settlement agency to work with your lenders to reduce your debt over time. But it can negatively impact your credit, and make your debt even worse. Let’s look at other ways the experts suggest paying off your credit card debt.