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Solving Financial ProblemsLoose the negative associations with Money allowing yourself to own money. Practically there are basically only three ways to solve financial problems:
Several options exist for increasing income but all may not be alternatives for a particular situation. These possibilities include upgrading a present job to one that pays more; switching jobs to a better-paying one; working overtime; having someone additional in the household seek and find employment where more money is made than spent; qualifying for assistance, either public or private such as food stamps, child support, grants or subsidies; and renting or selling assets that are no longer needed and/or used. Temporary adjustments in expenses may provide temporary income increases. Stop payroll deductions for retirement, savings, or education funds. Adjust tax withholding so that enough is being withheld but a large tax refund will not be coming next spring. Do more home production; garden or sew if you already have the skill and equipment needed. Use community resources for recreation. Pay insurance premiums monthly instead. To decrease expenses either CUT DOWN or CUT OUT. For most people going "cold turkey" or cutting out entirely may not be possible. Above all, to cut expenses, go to a cash-only basis; put all credit cards out of reach. Certain expenses cannot be cut out entirely because of health or safety concerns such as utilities, food, health, recreation, and insurance. [Source: Solve Financial Problems] <Looking for more economic- and money-strategies...> Recommended
reading: Rich Dad, Poor Dad:
What the Rich Teach Their Kids About Money-That the Poor and Middle Class Do
Not! by Robert T. Kiyosaki, Sharon L. Lechter (Contributor) | ||||||||||||||||||
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