Rosalie
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become a bartender... lots of good tips and you can make 200 easily in one night if your cute
you should be able to pay it off in 6 months to a year if your good... just start making payment plans with your creditors |
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MonaLisa Overdrive AM VT wannabe
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We would need to understand the terms of the debt (credit cards? personal loan? car loan? medical bills?), and your other financial information (income, assets. etc.), before we could offer any meaningful advise.
But the previous persons response regarding stripping is valid; strippers can make $10,000 very quickly. |
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Doctor Deth
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forget getting out fast if they are in collections - get 2 more jobs and shut off your cable TV and internet |
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A
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You can't always do it fast, sorry. Adjust your living standards and pay as you can, and do NOT incur more debt. A debt management program would be helpful, but not miraculous. |
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Jeff
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If your accounts are all in collections, you may be able to settle.
You need a detailed written budget, so that your money knows where it's supposed to go.
Before the month begins, list out on paper what you spend money on, and how much you'll make. Then, adjust the spending so that MONEY COMING IN = MONEY GOING OUT.
Here's one example:
$2700/month after taxes ($48,000/yr, 6% to a 401K)
$360 Roth IRA (The 401K + the Roth = 15% b4 taxes)
$400 Charity (10% before taxes)
$270 Savings (10% after taxes)
$120 groceries
$60 restaurants/pizza
$600 rent
$10 renter's insurance
$30 clothes
$120 Gasoline (half a tank a week)
$10 Oil Change (Jiffy Lube every 3 months)
$80 Car Maintenance (something will break sometime this year)
$10 Car Tags (saved over 12 months)
$50 Car Insurance ($300 / 6 months)
$70 Electric Bill
$40 Water/Trash Bill
$90 Natural Gas
$100 Cable/Internet
$30 Household Stuff (soap, toothpaste, etc.)
$10 Haircuts ($20 / 2 months)
$50 Entertainment
$20 Magazine subscription
$130 Vacation
$40 Christmas Presents.
The savings is used to:
1) establish an emergency fund (6 month's expenses)
2) save toward a better car.
3) save toward a house. |
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oohbaby10
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I just started a second job, I suggest you try the same. |
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Genisia
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You already doing the first step correctly and that's realizing that there is a specific way to tackle debt. I am in debt right now, and I am currently using Quicken 2008 to help organize my finances and bills, and continuously monitor my net worth. I have got an estimate of the necessary monthly payments to make in order to pay off my debt within this year. Guess what.. I have already paid off my high interest credit card in full and will have paid off my entire second credit card in full by next pay check.
You don't have to buy a computer program like I did however to help you. You can use Microsoft excel and create your very own budget and calculate the cost for each expense per month and year to gain a better understanding of where all your money is going. In order to successfully tackle debt, pay minimum on all the lowest interest rate debts, and pay most on the highest interest rate debt. Debt with a very high interest rate costs you the most money in the long run so always tackle that first.
I hope this helps. I also provided a website you might like in the sources. |
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Kismet
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dont go for a debt management program from what i heard they just get you further into debt. If you dont have a job you should consider getting one. If you have one and its part time try looking for a full time. if you have a full time try looking for one with more pay or a second job. Try asking your family and/or friends. Get a grant. DONT get another loan to pay off a loan ohh jeez it goes on and on........ |
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C
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Be careful!!!! Some of those debt managment programs suck you for way more money. I have 13,000 in debt from college and that was 6 years ago. I just pay alittle when I can. I got suckered into a program that was a waste of time and money. Do you have a family memeber that would help you out? where you give them money to hold for you for certain payments? or would your boss take money out of your check to pay this monthly payment everymonth?
As far as fast, fast would probably be winning the lottery. and good luck. look into the Better Business Bureau before you go with one of those debt management programs! |
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brittany
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talk to a consolidator and explain you situation and if that doesn't try working out an agreement with your debtor to make monthly payments, they will work with you because your willing to pay off your bills. |
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kwflamingo
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Debt COUNSELING should be able to help - but, first of all, cut up ALL your credit cards - live off only what you earn. Yes, it's rough, and you have to sacrifice alot, if you are not prepared to do this, you will be in debt for the rest of your life. |
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Just M
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Over 70 % of middle class citizens are in debt , they will get out of it . Just takes time . Do the things you said , you're doing . Pay more than it says , on time . I pay all my bills 2 weeks before the due date , this way it will get there on time.
You've to sit down with a calender write down when the due dates are , and figure it out from there .
Everyone has to go beyond that , once you're out of debt , what are you going to do , to stay out ???? You've to save money , example the money that you sent to pay bills , take that same amount , and put it towards a savings acct.
You can do the same as a car payment , say you've that car paid off , put the exact amount into a saving acct or something where you can make money on it ...
You've to be STRICT with yourself or else it will not work......... |
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Reggie D
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File for bankruptcy |
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à®â™¥ #3 came early!! 12~8~08!! ♥à®
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Live within your means and dont spend a single penny on anything that isnt a bill or necessity. Shop cheap. And sell your expensive items(and dont buy more untill you can afford to), Get a second job, downsize all living standards, and consider moving to a cheaper area. |
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llcentlous
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me and my husband are about 30000 in debt, we are simply creating a budget and trying like hell to stick to it, we are diverting as much extra money as we can to paying off credit cards and such... so we don't get to do much but we figure we will be debt free by Feb 2010 at the latest and if we get good tax returns maybe even sooner. :) |
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dia
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pray to God. get a loan sell avon mary kay |
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Justin
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In mid-late fall, invest into gold. Lots of what I have is made through stocks. And all though gold is down a little now (because tax season and intrest cuts) it's going to shoot up soon. Buy low, sell high. |
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prettiiwoman1
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GET A JOB!! |
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Edward M
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get a part time job and work hard for about 6 month |
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~*mama~*official~*
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www.CareOneCredit.com www.cccsstl.org www.InCharge.org check out these sites maybe it can help you |
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Duane F
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There is this guy I listen to on the radio Dave Ramsey. He has a good way of getting out of debt. www.daveramsey.com |
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Mojo J
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get a loan and get debt again. lol. or lower your debt interest rate to save money on the monthly bill. |
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flyaway
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I hear the debt management programs don't work. Keep in mind they aren't there to "help" you, they want money too. Consider filing bankruptcy.
Edit - To Rich, you CANNOT join the military with outstanding debt. No way she is getting in. |
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Bite Me!
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Start stripping. |
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stephanaie t
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You just ansered your on question ...debt management program ...or ork something out ith hoever you owe money too |
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Rick
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Joined the military, most case they will pay off that loan but usually you won't get any enlisted bonus due to this. |
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