How to Kill Debt in a Week!
Debt is so frustrating! It seems no matter how much you make you are struggling to really make headway on your debt. People that are most successful in paying off debt usually do so but forcing momentum in their financial world. Here are some ideas to make that happen
b) Phone-Do you have too many cellphones? Do you even need a land line? How about the features on the phone? Could you have a cheaper package that more reflects your usage? Could Internet and Cable also be combined for a cheaper package?
c) Cable TV-Can you go without the premium packages or reduce cable entirely?
d) Food-Can you only eat at home and not visit restaurants? Have you tried coupon shopping? What about having a more vegetarian approach to your diet?
e) Car-Do you have more than more car? How about selling one, or trading a car in to make sure that you have one with less expenses? Have you looked at your car insurance? Are you taking advantage of all the discounts? How about walking more or carpooling?
f) Entertainment-Have you tried free entertainment options? Parks, Potlucks, etc.
Get a Second Job
What about taking a night or weekend job? Remember it is only till you get our debt cleaned up. What about delivering pizzas? If you could add $1000 extra to your income from a second job, it will only take you ten months to clean up the $10000in debt. Perhaps, the spouse that isn't working could work a night job while the working spouse stays home with the kids.
Websites like "Elance"will allow you to do freelance work on your own timetable. Job opportunities include web design, article writing, graphic design,and personal assistant work. This is another way you can easily add another $1000 to your income without having to leave home.
That's right. Do you really need the extra car or the boat? Put it up on Craigslist, Ebay or your local classifieds and see how much money you can make. Adding small items like kids toys and old furniture can also really add up.
Are your creative? Why not sell your creations on Etsy? Items can include anything that is homemade including art, jewelry,clothing, or anything else you can think of.
Even if you are only able to do one or two of these things, you should see your debt load decrease in no time. Goodbye Payments!