So, debt is out of control and money disappears down a black hole, somewhere, somehow. How to get your money and finances back under your control, that is the question.
FIRST, know what debt you have. This is probably the most painful task of all. I know it was for us. We didn't want to look at our finances because they were so bad, we just knew the outgoings were more than the incomings. We were "robbing Peter to pay Paul". In other words, the company that rang us that week was the one that got paid and someone else didn't - so we know how you feel.
Get your accounts together. Along with that task, start thinking of where you can make some savings each week. Don't say you couldn't possibly. What if you went without meat for one meal? What if you didn't have that cup of coffee each day at the local coffee house. What if you didn't have takeaway? Gave up smoking? The list is endless. And if you have a family, have them involved as well. You just need about $20 in savings each week to commence this process.
Okay, you have a week to do that... then come back to the blog for the next exciting episode!!
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