how to recover from financial problem

India
March 28, 2008 1:44pm CST
all most every body experience financial problem in some point of time in their life. I need sugestions how you guys tacle financial problems. Reason i am asking this because i m in all sorts of financial problems right now. Give me your own way of recovery
4 responses
@ShepherdSpy (8562)
• Omagh, Northern Ireland
28 Mar 08
take a look at www.moneysavingexpert.com - it's a UK based site,but the general financial advice on saving,cutting back and restructuring it can offer may be of use to You- Good Luck!
• India
29 Mar 08
thanks i look into that website. i hope it can save me
• United States
28 Mar 08
I buckled down and made my bills come first. I started with my credit report and started paying off bills. I did this for over 5 years. I also decided to buy needs over wants. I made it a point to pay my bills on time of before they were due. I have paid off all my credit cards. I buy in cash and that is fine with me. I buy clearance items most of the time. That also works fine for me. I buy the items I need in a larger size to last me over a month. Like dish soap and bathe soap.
1 person likes this
• United States
28 Mar 08
I guess you need to really examine where your money is going. You may need to find like a business advisor or someone that can help you budget your money. There are so many opportunities for making money online. I am actually in a network marketing business also.
@tinkerick (1256)
• United States
28 Mar 08
well, I'm in all sorts of financial difficulty too. Got myself tied up in a handful of payday loans - BIG MISTAKE! Credit cards are all over limit too. But, I am finding that if you communicate with the lenders and explain your situation and make a real effort to show you're willing to pay them back - they will work with you. Many of them will settle for getting a little bit each paycheck, or each month. The key is communicating. If you don't talk to them they will just assume you are refusing to pay and they will push your account into collections and/or legal action.