Despite the recession, many people have still enjoyed comfortable lifestyles where they can pick up new gadgets and re-dress themselves on a regular basis. However, the reality is many of us still live from wage to wage. This leads to a negative effect as many of us binge spend, leading to a huge up and down of good days and bad days.
In the USA alone, there is an estimated $850 BILLION of credit card date, and with the average household wage being $16,000, the scale is tipping in one way massively. There is no need to go down the credit card route, however, there are many ways you can salvage yourself financially by making a few hard decisions, and becoming a bit more frugal with your expenditure. […]