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