The Complete Idiot’s Guide to Getting out of Debt
Just finished this beauty and it was totally worth the small price of $2.95. Here are a few of the highlights from each chapter. Here we go:
- Increase your discretionary income is key to eliminating your debt.
- You can only increase your discreationary income by making more money or spending less.
- Cutting fixed expenses is a major decision, but yields big results.
- Variable expenses are the easiest to control, the least missed, and can be started today.
- The best budgets are built on your past spending habits.
- All expenses on a budget fit into one of our discretionary income categories: income, fixed expenses, and variable expenses.
- The ideal, actual, and compromise budgets should be used in conjunction with one another.
- Keep your budget on track by giving a copy to your account ability partner, reviewing it regularly, and factoring in irregular expenses.
I think that should be enough to make you go out and buy the book. It really was insightfull.