Debt solution-I'll tell you mine, you tell me yours?

United States
May 23, 2008 7:13pm CST
I know I am not the only one who owes more than I am comfortable with. My debt solution covers both sides of what I've found the experts to say. Some debt management experts say to cut expenses to the bone and put the money saved toward paying off your debt faster. Other experts offer a different debt solution - get a second or better job, use the extra income to pay off your debt. My personal debt solution that has been working nicely is to attack the problem in both manners at the same time. I have and continue to find ways to cut household expenses to squeeze more out of our existing income. I have also been doing several things to earn extra income online such as paid surveys, paid-to programs and writing for various places. This income doesn't get factored into my everyday budget but goes directly to a credit card bill. I know mine is not the only debt solution plan and I would love to hear about yours. Sharing ideas could help us all get out of debt faster.
1 response
@bubblyapple (2653)
• Philippines
24 May 08
here are some solution plans that i have read in money magazines....you may pick the one that will work for you..... pay more than the amount due in credit card bills.... use it less....if possible, not at all try not to eat out all the time, bringing lunch to work could save you a lot if you need to drive somewhere, put all the errands together so that you could save gas those are the ones that i remember...i'll post more when i remember the others....