| The way to more spendable money is not | | | | devastating. The exception to the rule may be |
| complicated. You either decrease expense or | | | | to pay off all debt and even then I recommend |
| you increase income. Decreasing expense is | | | | only using savings and not something like a |
| the subject of numerous other articles at | | | | 401(k). In a case such as debt elimination, |
| this site. Increasing money and doing it | | | | it can make sense to convert a 3% savings |
| through a common sense approach is the | | | | account into a debt free life style. However, |
| current subject. | | | | using savings to pay off debt so that you can |
| | | | create more debt is insane. |
| How Much and Why? - Without an objective, how | | | | |
| will you ever know when, or even if, you ever | | | | Savings, though, is an option. Just remember |
| arrive? And without a plan, you will be | | | | that America is truly in a state where our |
| setting a course without any idea of what | | | | debt far outweighs our savings. And a crunch |
| direction to choose. Therefore the first | | | | may well be coming. If you have no savings |
| common sense questions are the following: | | | | and an emergency hits, what will you do? |
| | | | |
| What are you trying to do? | | | | Sell Something - View your assets. Do you |
| | | | have properties big or small that you can |
| Are you seeking short term or long term | | | | relinquish? Can you advertise the item |
| money? | | | | especially for free or have a garage sale or |
| | | | join with others for a joint garage sale? Can |
| Do you need a monthly stream of money or a | | | | you market your own services selling |
| lump sum? | | | | yourself? Is there a local e-bay broker? |
| | | | |
| How much money do you need and by when? | | | | Salary Increase - How could you get a raise |
| | | | on your job and how soon? Is it worth it? Are |
| How will you use this additional money? | | | | there other jobs that pay better for doing |
| | | | the same thing? Is there a part time |
| Do you have a spending plan (budget) to know | | | | opportunity available? BTW Be careful of |
| for certain what you need? | | | | opportunities that sound too good to be true. |
| | | | |
| Existing Money - There are always multiple | | | | Added Income - This was the option I chose. I |
| ways of accomplishing the same thing. And | | | | wanted an additional income that I could earn |
| common sense truly needs to be supreme. What | | | | in my spare time from my computer and |
| are you doing that can be changed to save | | | | therefore I took advantage of the option at |
| money? | | | | the top of the page right above the article |
| | | | title. There are many options available but I |
| There are numerous articles at this site and | | | | found this to best fit my needs. |
| elsewhere on the web designed to save money | | | | |
| in your lifestyle. You simply must be | | | | Pueblo - Federal Citizens Information Center |
| motivated to find the new ways of doing | | | | (1-888 878 3256) offers a multitude of |
| things and changing habits. In other articles | | | | publications loaded with advice on saving |
| I demonstrate how you can find 10% of your | | | | money, employment, housing and a great deal |
| gross income to pay off bills by simply | | | | more. |
| altering your lifestyle. And in still other | | | | |
| articles I demonstrate how the average | | | | Now it's up to you. If you are serious about |
| American can give themselves a 40% tax free | | | | more money, make it a priority and work |
| pay increase by eliminating all their debt | | | | towards that end. But first of all re-read |
| including their mortgage in less than 8 | | | | the first paragraph "How Much and Why" |
| years. | | | | |
| | | | . Readers will probably be interested to know |
| Savings - If cash flow is the problem, I | | | | Mike, the author of this article, also offers |
| discourage tapping into such things as life | | | | a free debt elimination mini-course via |
| insurance, 401(k), or even your savings. The | | | | e-mail. You can enroll at Debt Free In 7.5 |
| tax consequences and payback can be | | | | Years. |