If you’re like me you probably need as much money as you can earn and find. Let’s think about some ways to free up some cash you may have not considered. When I finally reached the end of my rope financially (2005) I had been with the same job for seven years. $1000 per week was my salary and was the best money I had made by the age of 30. Although I had a college degree I lacked specialized skills for the job market.
Fear of quitting my job and the unknown aftermath was part of the problem. In order for me to rectify my credit in the time I wanted, more income was necessary. First of all, see if there are physical items or services that you can do without. Here is a list of things that you might be able to live without.
Telephone (land lines and cellular)
Cable TV or Satellite
Furniture or appliances
This list can be much larger. However, these are some of the things that you can stop using (services) or maybe even sell for needed cash (physical items). I went on Ebay years ago and auctioned off everything in my house that I really didn’t need. Some of the items were musical instruments and video games, even some books. Just make sure that you charge the other party enough shipping or you will lose money there. I sold an electric guitar by advertising in Hattiesburg American. As it turns out I had more cash at hand than I realized!
Freeing up cash enabled me to pay down my debt much faster.