How do you get out of debt when you are $2,000 in the hole?

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How do you get out of debt when you are $2,000 in the hole?

Try and call the company and see if you can pay monthly

How do you get out of debt when you are $2,000 in the hole?

You turn the cable off. You eat leg quarters and rice and beans and cheap food to save. You hang the towels on a clothes line to dry to save on drying. You have your kids bag it for lunch and the hubby. You play games at home with the kids for entertainment. You unplug everything that doesn't need using, even plugged in draws some electricity. You drink tap water in place of costly drinks. You tighten, tighten, tighten. And you be upfront with the kids and make a game out of who can save the most energy, like keeping lights off when not in use,etc.

How do you get out of debt when you are $2,000 in the hole?

You must take a job of some sort and use the entire income to pay off the payday loan people. That is the best use to which you could put it; it's the equivalent of putting it in a very high-paying stock or bond. Pay down that debt and then continue to put all your pay into a bank account that you will not touch. You must keep at least two month's income as an emergency fund in order to prevent a similar 'rough patch' from getting you into so much trouble again.

Then put yourselves on a budget, removing from your life such money-sinks as restaurants, lottery tickets, instant-messaging and the more expensive cell-phone stuff. Get a reliable used car; most family financial troubles start with a sick automobile.

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How do you get out of debt when you are $2,000 in the hole?

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