12 Steps to Financial Recovery
It’s no secret that the last year has had a sobering effect on the personal finance of countless millions. The days of cheap, accessible credit have ended, and the future repayment of debt abruptly became the present. Additionally, unemployment figures continue to increase, and the stock market is still on life support. But from within this doomsday perspective of our current economy, comes both an understanding that we have put ourselves in this situation, and that it is up to us to fend for ourselves. But how does an individual navigate uncertain financial territory, when it seems that things could not be worse? For many, this means taking a critical inventory of our spending habits, and making adjustments accordingly. Understanding that you are in need of financial recovery is only the first in these necessary twelve steps, but it is the most important on this path to solvency.
I have no income, no job and no home. My name is mud on my credit report. How do I change by credit report based on my first statement? I also have no computer, I use the libraries computers.
Comment by Janice — May 1, 2009 @ 3:28 pm
Saving money is hard for all of us and non of us feel like cutting back on our lifestyle but I have found a good saving without loosing anything. I canceled my cell phone contract and bought a prepaid Tracfone and now I am saving about $35 per month and I am still making the same number of calls. I then was able to cancel my land line because Tracfone gives me long distance and international calls to about 60 country’s for the same rate as a local call. The savings are going half towards paying off debt and the other half to an emergency savings account.
Comment by Meshia — May 7, 2009 @ 5:25 am