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If I had a problem with my finances I'd start out first by sorting through all my business papers and write down on one side of the paper everyone I owe and the amounts.
Then gather your information for income the money that comes in each month.
List all this information on another side of the paper. Total it to show what you have coming in so you know the starting point.
Now add all your expenses everything that is due now or later but money you must pay out each month. Total this and post it on your paper. Hopefully the income is a larger amount than the expenses. If not you have to adjust something to make it work.
You have the beginning to examine your finances. It's just the start but a start!
Look in your phone book and make an appointment with your bank they have people who specialize in helping people organize and if necessary make a loan that pays off your bills. Then you pay the bank back plus interest and you clear the bills.
The main thing now is NO MORE CREDIT CARDS so all you owe is the bank until you pay off the loan. Everyone must use a budget...a list of what you can spend and what you owe so you do not get into financial trouble.
It is not just the finances that it affects it affects your health and stresses you out. The quicker you get your business in order you will find out you can get by with less spending and do things at home that cuts down on your expenses. We see things on TV that makes us want many things but we must be strong and do without until we have the money to buy it. One last thing check with your Credit Bureau to see your credit rating. It's good to know how you stand with the people you do business with they grade you by how timely you pay your bills.
Wiki User
∙ 12y ago
Wiki User
∙ 12y ago"Getting out of debt can be extremely difficult and I admire you for seeking help with this troublesome problem. The first thing I would do is seek out a reputable credit counseling service, who can evaluate your debt load and make a recommendation to you as the best path to follow to get back in the black."
Wiki User
∙ 10y agoCredit Counselling Services offers persons with credit problems counselling. They are able to help with education on money management, and offer various counselling options for individuals.
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What is the best website for debt help?
There is a lot of good information about getting debt help at http://www.daveramsey.com/article/the-truth-about-getting-debt-help/. Another good method is to view a few different companies in your area and compare how they can help you.
Where can one find help with commercial debt recovery?
Financial institutions will help you with with your needs in having plans to get out of debt and recover your losses. Find a local bank and ask to set up an appointment and ask how they can approve on your financial needs such as getting out of debt and recovering from debt.
How can credit help to stop poverty?
It can't. Getting into debt will not help poverty
What are some debt management firms in Scotland?
Trust Deed Scotland is a debt management firm in located in Scotland. One could also consult a debt manager at the Royal Bank of Scotland to help provide advice on getting out of debt.
Where can one receive help for bad debt?
There are many places where one could receive help for bad debt. The best places to receive help for one's bad debt would be the government who can help one go through bankruptcy.
When would you contact someone for debt reduction help?
You should think about getting debt reduction help when you are no longer able to control your credit card bills. Or if you are feeling overwhelmed by your debt it is time to consider help.
Why would people use CareOne Debt Relief Services?
CareOne Debt Relief Services offers loans for people with debit. They try to help people getting out of debt with personal advice and consolidating debt payments in one monthly payment.
Where can one find free debt consolidation help?
Care One Credit and Lower My Bills are both great options for getting free debt consolidation help. The information for these businesses can be found online or most likely in your local phone book. There may also be local debt consolidation companies in your area.
Debt Financing ?
form_title= Debt Financing form_header= Get control of your debt with financing help. How much are you in debt?*= _ [50] Have you ever worked with a debt financing company?*= () Yes () No How do you plan on getting out of debt?*= _ [50]
Where can one find help to control personal debt?
Help to control personal debt can be found at BDO Debt Help, Hardie & Kelley Insolvency, e-Finance, Debt Helpers, Adcroft, Midwest One and Money Sense.
How can one consolidate debt fast?
One can consolidated debt faster by seeking help from a bank to help. There are also many programs, online or in person, that can help a person consolidate debt fast.
Where can one go to get help on debt reduction?
You can get help on debt reduction from the Credit website under the sub-category "debt help." Once on the page, you will find detailed instructions and tips to help with debt reduction.
