Skip to main content

Sinking In Debt - Can August Funding Help



Hey All!!

Are you in debt?  Having trouble paying bills or getting your finances under control?  Maybe this post can help.

Admit It
The first thing you need to do to get out of debt, is to realize you are in debt.  Too often we try to fool ourselves and think we are just a little behind.  To think we just need one more pay day and we will get caught up.  Sometimes this is true, many times we are just trying to convince ourselves that we really aren't in trouble.  Our finances are not that bad.

Take Stock
Once you realize you are in debt and have a financial struggle going on, the best thing you can do is sit down with pen and paper and write down every bill you have.  Record every payment that must be made. List them by priority.  Make sure you pay the most important bills first.  Once you have this completed, try to budget how you can pay off some of those debts.  Perhaps you could take a local course on finances.



Contact
Reach out to ever company you owe money to.  Explain your situation and try to make arrangements to pay a little less each month.  Perhaps they will work out where you can make a full payment, but lower it some just to get it paid off.  Remember some companies can and will work with you, while others will not.  Do not take it personally, they are just following the procedure set down by their companies.

Cut Nonessentials
While going over your finances try to cut out nonessentials.  Cut back on eating out.  Start packing lunches.  Perhaps spend less on soda and other treats.  I am not saying you can not enjoy a snack or have pizza once or twice a month, but cut back.  Do you have cable? Try cutting back on your service or even going without it for awhile.  Anywhere you can save a little do so.  See if there is an insurance company that charges less.  Do this with cell phone companies too.

Earn Extra Income
See if your company can give you a few more hours a week.  Try picking up a part time job on the side.  Try selling items in your home that you no longer need or use.  You can advertise online, have a garage sale, or find a local consignment shop.  Also set up a jar, coffee can or bank and deposit all your change in there every day.  I have been amazed how quickly that adds up.


Create a Budget
Write out a weekly or monthly budget.  Plan your meals, and only purchase what you need. Use coupons and shop for deals or sales.  Don't make impulsive purchases.  Stick by your budget as closely as possible.  By writing down what you spend each week, you might even find some other areas where you can cut corners.

Check Out a Company Like August Funding
If you find you just can not get your head above water, consider locating a debt consolidation company.  Do your research and go with someone reputable, but this may be just what you need to be able to afford the monthly payments to recover from debt.

As a last note, do not ever feel alone in this situation.  There are many reasons people can get in to debt.  The most important thing you can do is realize where you are at and start working on a solution.

Thanks for stopping by! See you soon!!


Comments

Popular posts from this blog

Polar FA20 Activity Watch Review and Giveaway

Hi Neighbors, Well, I am out of the hospital, but I am not allowed to be very active yet, so I asked my daughter to test out this new item. It is an Activity Watch. What a great item for Get Out Get Active! The Polar FA20 counts your daily physical activity. First you need to set the basic information. The date, units (metric or imperial), your weight, height, birth date, and male or female. Place the FA20 on your wrist to measure your physical activity 24 hours a day, 7 days a week. This watch monitors your activity and gives you feedback about how you are doing. Everyone should be physically active at least 30 minutes each day, and the FA20 helps you achieve this. Throughout your day you can check and see if you are having a Lazy Day (active less than 30 minutes), Easy Day (active 30 to 60 minutes), Active Day (active 60 to 75 minutes) or an Intensive Day (active more than 75 minutes). You can also record your training sessions to learn more about how your body respon

Prilosec OTC $25 Rebate plus a $100 AMEX Giveaway

Hey Neighbors! Do you suffer from heartburn? I do sometimes. I personally can not eat really spicy foods. Problem? I LOVE MEXICAN! So does my whole family. My husband enjoys really spicy foods and sometimes suffers from it. Solution? Have you heard about Prilosec OTC? If not perhaps you would like to try it. Prilosec OTC has a special offer going on right now through February 15th. Buy 2 Prilosec OTC and get $25 back. Now, I personally have not tried Prilosec OTC yet. But according to the site: "How and Why Prilosec OTC® Works Prilosec OTC Blocks Heartburn When you eat, millions of tiny pumps in your stomach lining create acid to break down food. Normally your lower esophageal sphincter (LES) works as a door, opening and closing to let food pass from your esophagus HEARTBURN GLOSSARY Esophagus: Tube connecting the mouth to the stomach; a passageway for food; part of the digestive

Omron Heart Rate Monitor Review and Giveaway

Hey Neighbors, Another great product for the Get Out and Get Active! An Omron Heart Rate Monitor ($59.99)! Once again due to my disc problem my daughter was the one to try this out. This is seriously not fair! Anyway, one of the great things about a heart rate monitor is that you can make sure you are exercising in your zone. You can monitor your heart rate and then adjust your pace for either a slower workout or a more intensive workout. This monitor comes witha high and low alert so you can make sure you stay right where you are supposed to. Not overdoing it, yet not taking it too easy! You can wear the wrist receiver on your wrist, or you can mount it on your bike or treadmill so it is easy for you to read. This Omron Heart Rate Monitor comes with: 1-Wrist Receiver Watch 1-Transmitter 1-Transmitter Strap (Chest size 29" to 55") 1-Receiver Mounting Bracket 1-Storage Case 2-"Lithium" Batteries (installed) 1-Instruction Manual (Above nice carry cas