Username:   Remember Me
Password:  

Uber Articles {Über (ger) adj. above, beyond }

- Above and Beyond a Mere Article Directory

 
 

Some Ways To Get Extra Cash To Pay Off Your Debt

By Guest

So the collection agency is on the phone and you can not make ends meet. You’ve tried everything. You stopped spending, you created a budget, but you still are having problems generating the cash flow to pay off your debt. You need to make some more money. Here are a few simple ways you can do this:

Think like a business. When big businesses are trying to lower debt and raise profits, one of their main strategies is to sell their assets. They sell equipment, inventory, and product lines. On a smaller scale, you can do the same. What would you be able to part with if it meant financial security? Your second car? Second home? Boat? Art or jewelry? Time share? If what you are selling is very valuable (five thousand dollars or more) you should have it appraised for tax purposes and for your own sake. If it’s a household item not worth having appraised, you can get a fairly accurate idea of the market value by taking a look through classified advertisements or on eBay.

Hold a really terrific garage sale. If done right these can really pay off! Don’t just throw a pile of junk into a box in the garage and wait for it to fly out. If you take a methodical approach you’ll clean up your garage- and clean up financially. Give yourself a few weeks to get things in order. Saturdays are best for garage sale days. Next, go through your house. If you haven’t used an item in two years, you can go without it.

Then, organize your merchandise. Put like objects with like objects, so buyers can locate what they are looking for. If you are selling clothing, put it nicely on a rack or a string up clothesline so that your customers can see. If you aren’t positive if you have enough to fill your yard, join in with a few families. Keep track of who has earned what by placing different color price tags on each family’s things. And don’t forget to advertise by running advertisements in local papers and online.

Another thing to consider is to try to earn extra money, which you might be able to do at your own job. If it has been a year or more since you received a raise, ask for one. If you do not get it, ask your boss what you have to do to increase the size of your paycheck. In today’s day and age, you may just have to get an additional job. About four out of ten people have already done so to meet regular household expenses or pay off debt. That’s eight and a half million Americans! Whatever choices you make, good luck, and remember, use that extra cash wisely and always stick to your budget!

Mallory Megan works for Rapid Recovery Solution and writes articles about national collection agencies

Article kindly provided by UberArticles.com

Topics: Personal Finance | Comments Off

Tags: , , , , , , , , , , ,


Article Citation
MLA Style Citation:
Guest, Guest "Some Ways To Get Extra Cash To Pay Off Your Debt." Some Ways To Get Extra Cash To Pay Off Your Debt. 25 Jun. 2010. uberarticles.com. 6 Aug 2014 <http://uberarticles.com/finance/personal-finance/some-ways-to-get-extra-cash-to-pay-off-your-debt/>.

APA Style Citation:
Guest, G (2010, June 25). Some Ways To Get Extra Cash To Pay Off Your Debt. Retrieved August 6, 2014, from http://uberarticles.com/finance/personal-finance/some-ways-to-get-extra-cash-to-pay-off-your-debt/

Chicago Style Citation:
Guest, Guest "Some Ways To Get Extra Cash To Pay Off Your Debt" uberarticles.com. http://uberarticles.com/finance/personal-finance/some-ways-to-get-extra-cash-to-pay-off-your-debt/


Reprint Rights

Creative Commons License
This article is subject to a revocable license under a Creative Commons Attribution-No Derivative Works 3.0 Unported License, which means you may freely reprint it, in its entirety, provided you include the author's resource box along with LIVE VISIBLE links (without "nofollow" tags). We may revoke the license at any time with or without cause. You must also include the credit to UberArticles.com.

Comments are closed.

Disclaimer
Uber Articles and its partner sites cannot be held responsible for either the content nor the originality of any articles. If you believe the article has been stolen from you without your permission, please contact us and we will remove it immediately. If you have a problem with the accuracy or otherwise of the content of an article, please contact the author, not us! Also, please remember that any opinions and ideas presented in any of the articles are those of the author and cannot be taken to represent the opinions of Uber Articles. All articles are provided for informational purposes only. None of them should be relied upon for medical, psychological, financial, legal, or other professional advice. If you need professional advice, see a professional. We cannot be held responsible for any use or misuse you make of the articles, nor can we be held responsible for any claims for earnings, cures, or other results that the article might make.
  • RSS Feed

    RSS for Personal Finance