Over the past few days we have looked at ways that you can start reducing what you owe and how to get the over all money that you have going out the door reduced so you can start to reduce your debt. Now we are going to look at how to get out of credit card debt by earning some more cash.
Most people who are in debt have built that debt up over time using their credit cards and making purchases that they intend to pay off on their own. The fact is that most of the those who are in debt don’t realize they are not alone when it comes to their debts. Reality is that most people have debts its just some are better at hiding it and some just don’t like to admit that they have a problem.
The fact that you are here reading this means you are over the first hurdle you have admitted to yourself that you need to look at how to get out of credit card debt and doing something about it! This is a good thing and you should be proud of yourself for doing so!
As we looked at on the past few days posts and in articles that have been written there are a number of things you need to do to ensure you can start to reduce your credit cards:
1. Stop Using the Credit Cards
2. Reduce your Monthly Spending
3. Don’t take for granted the cheapest deal, shop around
4. Buy bulk where possible
5. Talk to your Credit Card Company, get better rates
6. Get rid of old clutter for good hard cash
Now there are many ways to earn a little bit of extra cash and there are many scams out there aiming to take your money off you. If something says it will make you a million overnight or guarantee to make you a certain amount each month, chances are they won’t and you will end up putting in a lot of time and effort into something that will result in frustration.
If you are looking to make some extra money then look around at what you do every day, look at your hobbies, is there something you do to just help someone out when they would be willing to pay? There are a lot of ways to earn a little bit of cash as there are ways to reduce your every day outgoings.
Now many sites that I look at tell you the way to get out of debt is to “BUY THIS WONDER BOOK NOW!” I am going to tell you not to get that ebook or the physical book that tells you how to make a fortune online because to make money online is hard work, and no matter how FREE people tell you it is, if they are wanting you to sign up for something then chances are it will cost you money or they will sell you that vital last link of information that you need!
My brother was $18,000 in debt when he noticed on his way home from an IT job that was 9-5 every day there was a computer school looking for someone to run a class in the evenings. Three evenings a week for 6 months he ran the computer class and helped people learn their way around on the computer. He was paid $50 for the 90 minute lesson, which to him was bread and butter work. Suddenly he was earning an extra $600 a month and with a little scrimping and saving, along with the private work that came from the same class, he was out of debt in a year. Not a single ebook in sight!
Now the days for my brother were long but there was no get rich quick ebook involved it was just the power of observation. My wife and I look after peoples pets when they go on holiday by going to their houses during the day and ensuring that the dogs are walked and the cats are fed. Some of the people we do this for pay us $50 for a day and if we have to stay over it is $75 for the day. EASY MONEY!
Working hard to get out of debt is something that is rewarding and if you work hard to get out of it once you are clear from debt you will appreciate the time and money that you do earn in the future. So todays tips on How to get out of Credit Card Debt, look for easy money if it is around you and avoid scams and get rich quick scheme (think of them along the lines of, “if this is a get rich quick scheme why are they selling it to me for $50?” The truth, they will get rich the more people they get to sign up then get you to sign up! SCAM!)
