How To Dig Yourself Out of Debt And Save at The Same Time

I saw this and had to share it. For those of you who are worse off than the others out there you can take heart there is a way out to a better financial track you just have to accept what situation you are really in then you can go from there. It will require disipline but you can do it. It will make you feel more in control

Even if you're living paycheck to paycheck, this report will show you how to start paying down debt, build emergency cash reserves, and even set aside money for investing.

HOW MUCH TO PAY OFF YOUR DEBT


Step #1:
Create a personal balance sheet and list your debts in order of interest rate, from highest to lowest.

Step #2:
Add up your liquid assets, including savings and investment accounts, if any.

Step #3:
List any major purchases needed in the next year. Subtract this amount from your liquid assets. What remains is the amount you may have to pay your debts.

This is a summary of the article on Yahoo Finance.com. I strongly suggest that you click onto it you will probably feel glad you did.