besides making more money obviously
2006-08-02 10:22:55 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Sell the things you are making payments on, pay off the loans and stop getting new one's. You must have too many expenses. Get rid of anything that is not an "asset". An asset is something that puts money back into your pocket instead of taking money out.
Remember this simple rule:
Asset = Income
Liability = Expense
Also, you should read the book "Rich Dad, Poor Dad". It provides invaluable lessons about how to accumulate and manage wealth. Good luck!
2006-08-02 10:42:43 · answer #1 · answered by SuccessBroker 2 · 1⤊ 0⤋
Do you own a home? If so; refinance and get cash out to pay off/pay down debt. Go to www.GotDebtCallDavid.com for some good resources.
2006-08-02 17:31:00 · answer #2 · answered by diamonnbacks 1 · 0⤊ 0⤋
Decrease your expenses and start paying off the debt.
2006-08-02 19:03:42 · answer #3 · answered by WJW 2 · 0⤊ 0⤋
Get the book Rich Dad poor Dad. Implement the ideas, and I think you will be happy. Also, tythe as a Christian.. Totally the best thing I ever did...............Its funny a lot of the finance books will tell you to tythe 10%. Look into it............
2006-08-02 17:28:46 · answer #4 · answered by cmg 2 · 0⤊ 0⤋
Control your expenses (write them on a book)
Do not spend more than your earnings.
2006-08-02 17:29:50 · answer #5 · answered by mfacio 3 · 0⤊ 0⤋