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Old 11-18-2012, 08:39 AM
RussellB RussellB is online now
LawnSite Fanatic
Join Date: Aug 2010
Location: Murrells Inlet, SC
Posts: 5,488
Most of us like to buy stuff. That boat sitting in the yard, atv in the shed etc getting used a few times a year while making payments on them is a huge drain on the household. Selling just those two items even at break even cost of what's owed will most likely save you $1,000/month or $12,000/year not including insurance/ maintenance costs. A two pack a day smoking habit (you can do the math), going out to dinner versus cooking at home are just a few other areas that if cut will save you lots of money. Sell what you can and use that money to pay off the credit cards, change some other habits and then direct all of that money into a savings/retirement account. You will not miss nor regret doing it.
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