Comments on: Ask PFN…“Nothing Left but Air” http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/ Personal Finance Notebook: Ideas, education & motivation for financial success Wed, 01 Feb 2012 17:34:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Patrenia http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-352 Patrenia Tue, 12 Jan 2010 19:00:08 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-352 Great idea Lakita! When all else fails all they can say is "No", but it's at least worth a try. Great idea Lakita! When all else fails all they can say is “No”, but it’s at least worth a try.

]]> By: Lakita http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-351 Lakita Tue, 12 Jan 2010 03:05:30 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-351 Patrenia, All great advice! I would include placing phone calls to the creditors and explaining the financial hardships. Some may be willing work with her by lowering interest rates and/or lowering minimum payments (usually by lengthening the term of loan...not a great solution, but it will free up funds for the time being when all else is exhausted) Kita Patrenia,
All great advice!
I would include placing phone calls to the creditors and explaining the financial hardships. Some may be willing work with her by lowering interest rates and/or lowering minimum payments (usually by lengthening the term of loan…not a great solution, but it will free up funds for the time being when all else is exhausted)

Kita

]]> By: Patrenia http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-317 Patrenia Wed, 30 Dec 2009 20:00:34 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-317 Nice to meet you! Yes, you are correct. A way has to be found to put some dynamite to the log jam. Congratulations on your bold move to sell some of your stuff. That takes true courage. Keep us updated on your progress...I love to hear the victories of others! I wish you the best! Nice to meet you! Yes, you are correct. A way has to be found to put some dynamite to the log jam.

Congratulations on your bold move to sell some of your stuff. That takes true courage. Keep us updated on your progress…I love to hear the victories of others! I wish you the best!

]]> By: Money Funk http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-315 Money Funk Wed, 30 Dec 2009 17:09:18 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-315 I am glad I came across your blog. Great steps of advice! When creating a budget you realize where money is falling through the holes. Most common - eating out. This is a big spender for most people. Maybe grocery shopping is another area - start buying generic or plan your meals/shopping around the sales ads (I've become really good at that one). If you are still finding nothing to put in the envelopes -then it's a great time to cut back and sell or pick up a part time job. I'm in the process of selling our stuff to get this debt paid off! I'm so tired of it. One needs to remembers that the journey starts out small and slow, but if you keep working at it the momentum grows and you'll be hitting financial security in no time! ;) I am glad I came across your blog.

Great steps of advice! When creating a budget you realize where money is falling through the holes. Most common – eating out. This is a big spender for most people. Maybe grocery shopping is another area – start buying generic or plan your meals/shopping around the sales ads (I’ve become really good at that one).

If you are still finding nothing to put in the envelopes -then it’s a great time to cut back and sell or pick up a part time job. I’m in the process of selling our stuff to get this debt paid off! I’m so tired of it.

One needs to remembers that the journey starts out small and slow, but if you keep working at it the momentum grows and you’ll be hitting financial security in no time! ;)

]]> By: Patrenia http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-193 Patrenia Sat, 19 Dec 2009 19:15:39 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-193 Thanks for the comment Lisa! Welcome.. Thanks for the comment Lisa! Welcome..

]]> By: Lisa http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-191 Lisa Fri, 18 Dec 2009 21:06:38 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-191 Great advice Patrenia. From a budget to making sacrifices -- it's all worth it for your reader to get out of this situation! Great advice Patrenia. From a budget to making sacrifices — it’s all worth it for your reader to get out of this situation!

]]> By: Patrenia http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-189 Patrenia Fri, 18 Dec 2009 03:42:38 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-189 It's funny how preparing a budget makes the lightbulb go off. It is a great plan which helps one to see if they have a negative or positive cash flow. Great ideas for the 2nd source of income. Thanks. It’s funny how preparing a budget makes the lightbulb go off. It is a great plan which helps one to see if they have a negative or positive cash flow. Great ideas for the 2nd source of income. Thanks.

]]> By: Peter http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/comment-page-1/#comment-187 Peter Thu, 17 Dec 2009 18:50:14 +0000 http://www.personalfinancenotebook.com/2009/12/15/ask-pfnnothing-left-but-air/#comment-187 Great advice. Setting up a budget, and using an envelope system really helped us to get our finances in order - forcing us to take a look at the many areas that we were overspending. Sometimes you can't squeeze water from a rock though. If you're not making enough income, like you say, <em>you need to find new sources of income</em>. Whether it's selling things online, starting a blog, filling out surveys online, mowing lawns, cleaning houses - whatever - you may need to work temporarily to fill in the gaps. That isn't a long term solution however. Long term you may need to find a new job that pays better, or go back to school and get a degree (of course saving up and paying cash for your education). Great advice. Setting up a budget, and using an envelope system really helped us to get our finances in order – forcing us to take a look at the many areas that we were overspending.

Sometimes you can’t squeeze water from a rock though. If you’re not making enough income, like you say, you need to find new sources of income. Whether it’s selling things online, starting a blog, filling out surveys online, mowing lawns, cleaning houses – whatever – you may need to work temporarily to fill in the gaps. That isn’t a long term solution however. Long term you may need to find a new job that pays better, or go back to school and get a degree (of course saving up and paying cash for your education).

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