Increase your income this month to help you pay down debt.
There are a handful of practical ways to accomplish this. For instance, consider asking for a raise or promotion at your current workplace or seeking employment elsewhere if you feel you’ve reached your maximum earning potential at the company. You can also freelance for hire, take on a side job on weekends, or a seasonal job for just a few weeks a year. You might also consider offering consulting services in your particular field.
Remember: any extra money earned goes straight towards your debt snowball!
Need help? Meet with our on-staff financial counselor for more suggestions on how you can paydown debt. The service is free to members and confidential; call today at 330-364-8874 and ask for Katy Steinebrey.
Need budgeting tools? Check out our interactive library through Banzai by clicking here.
Available Articles in the Financial Freedom Series:
Step 1: Take Stock of Your Debt
Step 2: Don’t Dig Yourself Deeper
Step 3: Negotiate a Lower APR
Step 4: Create an Emergency Fund
Step 5: Create a Budget
Step 6: Trim Expenses
Step 7: Create A Debt Snowball
Step 8: Boost Your Income
Step 9: Put All Windfalls in Your Snowball
Step 10: Make It Automatic
Step 11: Track Your Progress
Step 12: Celebrate!