- This topic has 5 replies, 1 voice, and was last updated October 29, 2007 at 9:43 pm by .
- October 29, 2007 at 9:43 pm #253950
I would start by sitting down and writing down everything that is
owed. This will be hard and depressing. Just remember that this is
the beginning of a whole new wonderful debt free life.
Next plan your budget
Cover most important first
Talk to your mortage company and let them know what is going on and
that they are top on your list. Then make sure you pay it every
See if your gas/electric company has even billing. This averages your
yearly usage then spreads it out over the year evenly. This way you
can plan on the same amount each month. But you have to make sure
that you pay that amount every month because some places will make
you go back to regular payment plan if you don’t.
Food is the one place you can really control what you spend. Along
with planning your budget plan a menu. It might be good for you to
plan for two weeks or even a month. (so you are not in the store as
much spending what you don’t have)
Start your planning with what you already have at home and add what
This will all take time and energy. Just don’t give up. Think of
this as your job – to save your family as much money as possible.
It can be done.
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