All posts tagged auto accident costs

If you have just been in a serious car accident, you may be faced with paying medical and other costs while also being out of work. Therefore, it is imperative that you find ways to save money until you are able to get back to work or find other ways to make up your lost earnings. What are some options to help you achieve that goal?

Ask About Debt Settlement

If you have outstanding credit card or other debts, ask to settle those debts for less than you owe. While it may require a lump sum payment now, you may be better prepared to deal with future costs without high-interest debt hanging over your head.

Make Sure That You Fix Your Car

Neglecting to fix your car could lead to more expenses in the future. For instance, failure to repair a dent to your side panel could cause rust to form and eat away at the frame. Failing to fix the car’s brake lines could lead to fluid leaks or frayed lines susceptible to sparking. Take your car to experts like those at Chehalis Collision Center to make sure it gets fixed the right way the first time so you don’t have repair bills adding up over time.

Ask Family or Friends to Move In

Having another person in your home may be helpful if he or she agrees to help share the cost of rent and utilities. Having a friend or family member in your home may also be helpful as he or she may be a good cook or help out with cleaning and home maintenance projects.

Cut Back on Unnecessary Expenses

If you aren’t working, you need to make sure that your savings lasts as long as possible. This could mean cutting out cable TV and not eating out. All of these changes can save hundreds a month without totally depriving you of what you need to live.

Use the Internet to Save on Groceries and Other Common Expenses

The internet is a great place to find coupons, sites selling used goods and sites where people trade or barter goods instead of selling them. This can help you get groceries, tools to help with arts and crafts projects or finding clothes or toys for your kids if you can’t afford to buy them new ones.

No one plans to be in a serious accident. However, if you have been in a wreck, you will need to cut costs and be strict about your budget. Settling debts, asking others to live with you and looking for as many discounts as you can may help you save money without altering your lifestyle too much.