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LaToya Irby

Get Extra Money to Pay Your Debt

By March 20, 2014

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When every penny of your paycheck is already spoken for, it's hard to find anything extra to pay off your debt.

You can come up with the money to pay off your debt, but you have to be creative. For example, have you considered getting a roommate or boarder? What about selling some old things on eBay or Craigslist? Here's a list of90 ways to get extra money for your debt.

Track your spending for a month or two to be sure you're not wasting money. Focus on living within your means, even better, living below your means to create a deficit between your income and spending. Every dollar you can squeeze out of your budget is another dollar you can use toward paying off your debt.

More on Getting Out of Debt

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Comments
July 19, 2010 at 4:06 pm
(1) Joan Young says:

Once credit card debt has dug its way in deep, cutting back expenses is a no brainer.

Cutting out the lattes won’t begin to make up the increases in interest and fees these creditors have manged.

A new set of credit card laws are being phased in. Most are in effect now.

With 9 months to prepare the card issuers had plenty of time to run up rates and run down credit limits.

If you can make payments a professional debt management program can lower those rates so you can put much more of your payment to paying off the balances.

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