How to Get Out of Debt - Reduce, Reuse and Recycle

Have you taken a look at your monthly income and expenditures, developed a solid budget and still found that you need to cut costs? There are a number of ways for a person to make their money stretch as far as possible, but one that is often overlooked is the value that comes from recycling and reusing everyday products. Of course, you should follow the three R's because it makes you a better citizen of the world, but there are also real financial gains to be found if you keep an eye on waste.

Reducing your impact on the world and the environment can have very real benefits for your budget. For example, switching from inefficient incandescent lights to bulbs that use compact fluorescent or LED technology may cost you a little bit of extra money at the outset but the cost savings that they provide can be beneficial for years. This not only reduces your impact on the environment by cutting the amount of electricity that you use, it also saves you money on your monthly utility bills. Likewise, instead of buying bottled water you can make the switch to a filtration system at home and use refillable bottles.

Reusing everyday items or repurposing things in imaginative ways can also save you money. One easy way to do this is to save the grocery bags that you bring home after a trip to the local supermarket and repurpose them as trash bags. While the savings that you get from not buying trash bags may not be enormous, every little bit helps when it comes to saving money and getting out of debt. There are literally thousands of tips available online when it comes to repurpose in everyday products in new and interesting ways.

Recycling is not only one of the most important things that we can do to benefit the environment, it can also provide you with a little extra money in your pocket. If you have a recycling center near your home, you may want to consider setting aside your aluminum cans and bottles so that you can turn them and in person and reap the financial benefits that come from recycling. If you have access to scrap metal or other valuable items, there is a market for these and recyclers pay surprisingly well. In fact, some individuals have managed to supplement their income quite nicely simply by keeping an eye out for recyclable materials.