Sunday, January 2, 2011

Income minus outgo

Income minus outgo equals a red number or green number. It’s that simple. In order to get out of debt the number MUST be green.

Many people have no real idea how much they spend. If you spend more than you bring home you are headed for financial disaster. If you are in the green, then you need to ask yourself, "What am I doing with that extra money?"
More Debt Management

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