Money Saving Tips
There are many little things you can do to save money without negatively impacting your lifestyle. Cigarettes and tobacco can be an expensive habit. If you smoke one pack of cigarettes per day, you will spend about $2,500 per year. Smoking will ruin your lungs, shorten your life, and increase your medical expenses. Although the smoking habit can be hard to quit, there is a resource available to help you. The State of Michigan has a program that provides free Clear Nicoderm CQ patches. Call 1-800-QUIT-NOW to learn more.
If your water bill seems too high, you may have a leak. A good place to check for a leak is your toilet. Remove the cover from the tank and put two drops of green or red food coloring into the water. Wait one hour and look to see if there is any discoloration of the water in the toilet bowl. If there is, you have a leak. You can go to a Home Depot or a Lowe’s and buy a $20 kit that has all the parts that go into the toilet tank along with simple instructions as to how to install the parts. I did this in my home. It did not take long to replace the old parts and I cut my water bill in half. I am the un-handiest man in the world, if I can do it you can do it.
If you have fallen behind on utilities such as water, electric, or natural gas you may be on a budget plan with the utility provider to pay back what you owe. This causes your utility bill to be higher per month than what you actually use. A bankruptcy filing will allow you to eliminate past-due utility bills while still keeping utility service. Although the bankruptcy discharges the past-due amount, you will have to pay for your ongoing usage moving forward. For more information see my article entitled, “Past-Due Utility Bills and Bankruptcy.”
The above information is a general overview and is not intended to be used as legal advice. If you are considering filing for bankruptcy, the best thing to do is call our office at 248-557-3645 and schedule a free consultation so you can receive advice which is tailored to your specific circumstances.
By: Michael Benkstein, Esq.