It is easy to spend a lot of money on things you don’t necessarily need.  Some people tend to get too carried away with their spending habits, and before they know it, they could be looking for ways to avoid foreclosure in Kansas City.  Although it may be difficult to part ways with some of our favorite things, it could be the difference between keeping your home or losing it to a foreclosure sale in Kansas City. 

If you are facing foreclosure, take some time to sit down and analyze where your money is going each month.  Then find areas where you can make the necessary cuts and free up some extra money for your mortgage payments.   

Here are some of the most common ways people are saving money to avoid foreclosure in Kansas City. 

Cancel Unnecessary Subscriptions

If it’s magazines, Netflix, Hulu, or gym membership, decide which of these monthly subscriptions are really necessary for your household.  Gym memberships can be in excess of $40 a month and are even more pricey if you use a personal trainer.  Depending on how many streaming services you use, that could easily free up $30 a month, if not more. 

avoid foreclosure in Kansas City

Say Goodbye to Cable or Satellite 

There’s a reason many people have switched to streaming services instead of a cable or satellite subscription, the price.  Both cable and satellite companies are notorious for signing you up for a low monthly fee, but later in your contract increase the price significantly.  Monthly fees can easily exceed $100 a month, depending on your service.  These extra funds could provide significant foreclosure help in Kansas City.  You can also buy an antenna for your tv for under $20 that can get over 40 channels for free with no contract. 

Look for a Part-Time Job 

One way to not necessarily save money but generate more money is to pursue a part-time job.  Even if it’s just one or two evenings a week, a parttime job can add some muchneeded income to your bank account.   

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If you do the math, say you work a retail store for $12.50 an hour for two evening shifts a week from 5:30 to 9:30 PM, for example.  That’s $100 extra dollars a week and at least $400 a month.  So, it’s easy to see how this can provide Kansas City foreclosure help for you and your family. 

Spending Freeze 

Talk to your family and develop a plan for a spending freeze for one week or longer.  During this time, you can’t buy any clothes, eat out, or purchase any unnecessary items.  You may be surprised at how much money is wasted each week, and your savings could help you avoid foreclosure in Kansas City. 

avoid foreclosure in Kansas City

These money-saving tips, combined with professional Kansas City foreclosure help from Cherry Park Properties, can go a long way towards getting your finances in order and avoiding the negative effects of foreclosure. 

Our staff at Cherry Park is ready to assist you, so give us a call today at (913) 839-2345 or contact us online to get started.