It can be depressing and frightening to realize that you do not make enough money to cover your monthly expenses. This can happen, especially if you have overextended yourself with debt. It can be even worse if you are being paid with a prepaid debit card with hidden fees. There are many signs that you need to earn more money. This situation requires immediate action, and you should do all that you can to turn the situation around as quickly as possible. Managing an irregular income can make it harder to recover from this situation. You should take a five-step approach to solve the problem, and be working on these areas at the same time. This can help you break free from the financial rut and move out of survival mode, so you can be successful with your finances.
1 Reduce Your Expenses
First, you need to find ways to reduce your expenses. There is almost always at least one more area that you can cut back in. You may need to find a roommate to share your apartment or find a way to carpool to work. You can cut back on yourfood budget or keep the heat turned down. These smaller things can help to reduce your expenses. You can also look for ways to save on rent. You need to stop spending money on things that are not necessities. This would include new clothes, eating out or vacations. You should also avoid rent-to-own stores and other things that require monthly payments. Stop using your credit cards as well. They will only make the situation worse. Look at your bills and determine if you can't afford your car payment or if your rent is too high and then do the things you need to in order to lower the payments. Another option is to shop around for a cell phone plan, since every little bit will help. More
2 Find Additional Income
Second, you need to find an additional source of income or a new job. This may mean that you take on an additional part-time job. You may be able to pick up extra hours at work. You may decide to sell some things to help pay off some debt. The second job or additional income may only be necessary until you are able to meet all of your needs on your original source of income. This can help you to be motivated to work harder and to pick up extra hours, so that you can quit sooner. For example, if you need the extra money to cover debt from a medical emergency, you can deal with the problem, and then quit your job. A second job is not a long-term solution to your problem. You should also ask for a raise at your current job. This may be enough so that you can stay there for a few more years. More
3 Find a Long Term Solution
Third, you need to look for a long term solution. This may mean that you need to receive further education or certification for your line of work or it may mean that you need an entire career change. If you have not attended college, you may consider doing this as it really does increase your earning power. As you consider these options, be sure that you choose something that you could enjoy doing that is practical as well. You want to be able to benefit from the extra education in a practical sense as well. If you are in this position because you are in a entry level position, and do not make as much as you thought you would, you need to create plan that will help you get by until you get a raise. If you find that you make decent money, but still struggle, you may need to get more serious about budgeting. You may make enough that once you pay off your debt, you will be fine. More
4 Work With Your Creditors
Fourth, contact your creditors and see if you qualify for a reduced payment or forbearance of some kind. Student loans will offer forbearance if you can prove economic hardship. Credit card companies can temporarily reduce interest rates, or reduce the amount you owe each month, though they may require you stop using the credit card. More
5 Remember Your Priorities
Fifth, it is important that you cover your basic needs before you pay your creditors. This means that you have enough food to eat, a roof over your head, and your utilities are on, then you pay your bills, and then you have fun. This order of priorities is essential if you are going to survive the next few months and come out ahead. Remembering your priorities throughout the month will prevent you from running short on cash towards the end of the month. Your budget and your priorities will help you manage your cash flow more effectively. This can help youdeal with fluctuating bills. You can also use these strategies to cope with being broke. You cannot operate without any savings, so be sure to include that with your plan. More
译文：
它可以被压抑而恐怖的意识到你没有赚到足够的钱来支付你每月的费用。这可能发生,特别是如果你有过分扩张自己的债务。它可以更糟的是,如果你正在支付预付借记卡与隐藏的费用。有许多迹象表明你需要赚更多的钱。这种情况需要立即采取行动,你应该尽你所能尽快扭转局势。管理一个不规则的收入可以很难从这种状况中恢复过来。你应该五步方法解决问题,并在这些领域同时工作。这可以帮助您摆脱生存模式的金融车辙和搬出去,所以你可以用你的财务成功。
首先,你需要找到一些方法来减少你的费用。至少几乎总是有一个区域,你可以削减。你可能需要找一个室友分享你的公寓或找到拼车去上班。你可以减少你的食物预算或保持热拒绝了。这些小事可以帮助减少你的费用。你也可以想办法节省房租。你需要停止花钱的事情不是必需品。这将包括新衣服,外出就餐或假期。你还应该避免rent-to-own商店和其他的东西需要每月支付。停止使用你的信用卡。他们只会让情况变得更糟。看看你的账单和确定如果你买不起你的车支付或如果你的租金太高,那么你需要做的事情是为了降低支付。另一个选择是寻找手机的计划,因为每一点帮助。更多的
其次,你需要找到一个额外的收入来源或一份新工作。这可能意味着你承担额外的兼职工作。你可以接额外的时间在工作。你可能决定卖掉一些东西为了偿还一些债务。第二个工作或额外的收入可能只需要直到你能够满足你所有的需求在你的原来的收入来源。这可以帮助你激励努力工作和额外的时间,这样你就可以提前退出。例如,如果你需要额外的钱来支付债务从医疗紧急情况,你可以解决这个问题,然后辞掉工作。第二个工作不是一个长期的解决你的问题。你也应该在你目前的工作,要求加薪。这可能是足够的,这样您就可以在那里呆几年。更多的
第三,你需要寻找一个长期的解决方案。这可能意味着,你需要接受进一步的教育或认证的工作也可能意味着你需要一个整个职业生涯的变化。如果你没有上大学,你可以考虑这样做,因为它确实增加你的赚钱能力。当你考虑这些选项,确保你选择你可以享受这样做是可行的。你希望能够受益于额外的一个实际意义上的教育。如果你在这个位置,因为你是一个入门级职位,并且不让你以为你会,您需要创建计划,将帮助你,直到你得到加薪。如果你发现你收入还算过得去,但仍然挣扎,你可能需要更多的重视预算。你可以赚到足够的,一旦你还清你的债务,你就会好起来的。更多的
第四,联系你的债权人,看看你是否有资格获得减少支付或忍耐。学生贷款将提供宽容如果你能证明经济困难。信用卡公司可以暂时降低利率,或减少你欠每个月,尽管他们可能会要求您停止使用信用卡。更多的
第五,重要的是,你之前满足自己基本的需要你支付债权人。这意味着你有足够的食物吃,头顶上的屋顶了,和你的实用程序,然后你支付你的账单,你玩得开心。这种处理问题的优先顺序是至关重要的,如果你要在未来几个月,出人头地。记住你的优先级在整个月将阻止你短缺现金到本月底。你的预算和优先级将会帮助你更有效地管理你的现金流。这可以帮助你处理波动账单。您还可以使用这些策略应对被打破了。你不能操作没有任何储蓄,所以一定要包括与你的计划。更多的