DOING THE SUMS

  Now let us discover how much money is available to use in overcoming these debts.  You have different options, take a look at the OPTIONS page and decide but I would recommend paying off the most expensive debts first.

Now look at your your TOTAL MONTHLY INCOME. This is the total of all money coming in to your household each month. Your wages or salary. Take away the ESSENTIALS which is all the food, electricity and other important expenses that MUST be paid each month. This leaves the amount AVAILABLE AMOUNT for paying off debts.

Add up the sum of the MINIMUM MONTHLY PAYMENTS on your debts. This is the part of the debts that you MUST pay on all of them each month.  Now take that figure away from AVAILABLE AMOUNT we established above. What is left is your DEBTCRUSHER amount. This is the money that will get rid of your debts.

The DebtCrusher money should be paid off of the debt you have chosen to attack first. Don't have a weak moment and spend it instead. You must pay as much as possible off the debts as soon as possible to have the greatest effect. Next...> The Plan Of Action

Reduce the complexity of life by eliminating the needless wants of life and the labours of life reduce themselves. - Edwin Way Teale