All you have to do as a first step is to take a much-needed and astonishingly simple four-week vacation from spending.
Let's call it a diet-low-cash, everyone will feel sorry for you and at the same time envy your willpower.
This one-month financial fast will give you time to get caught up.
It won't be painless.
It will mean brown bag lunches, no new clothes, walking to work if you can- in other words, no frills.
Austerity hurts, but for most people it's the surest way to get a fast increase in cash.
The first step is to set a date to begin your money diet, such as the first payday of the month. Lawrence Krause, author of Sleep Tight Money, suggests the following plan:
Set a goal for the money you are going to save.
Decide to pay off a big chunk of your credit card debt or a bunch of overdue bills, or start an interest-bearing savings account."
WOW! What do YOU Think?
I come to Thee.
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Posted By: Esther Pinkston
Wednesday, August 20th 2008 at 12:47AM
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