As per studies, it is found that about ninety

Is there a way to get out of debt without getting a second job or having to increase your income in some way? Can the average person take his or her current income and pay off his or her bills in a matter of a few years Cheap Air Max Typha , including the car and mortgage payments?


The answer is YES!!! You can do it without having to cut out all of your fun and extra-curricular activities as well. Now, you may need to cut down on going to the movies or going out to eat, but you will not have to stop altogether. It is a matter of putting together your plan and then sticking to your plan!


The process is fairly simple Cheap Air Max Thea , most people just don't realize it. Anyone can get started right away, including YOU right now! Here is what you need to know:


1. What is your total net income?


2. What are your debts and minimum monthly payments? (Don't include any extra money you are paying towards any debt. You want only your minimum required monthly payments.)


Okay, are you ready to begin?


The first thing you need to do is take a percentage of your NET income (a good beginning point would be 5%) and write this amount down at the top of a blank sheet of paper.


Next Cheap Air Max Tavas , write down each of your debts (not including utility bills, insurance payments, property taxes Cheap Air Max Tailwind , etc.) in a column at the left side of your page. Beside each debt, write down your total balance and then your minimum monthly payment.


Once you have all of these down, divide your total balance by the minimum monthly payment. Write this amount next to each debt. Taking the debt that has the shortest payoff number Cheap Air Max Speed , number this number 1. Taking the next shortest payoff, number it number 2 and so on until each debt has a number next to it. These numbers indicate the order in which you will begin to pay off your bills.


Now, here is where your 5% comes into play. For debt number 1 take the minimum monthly payment and add it to the 5% figure. Divide the total balance by this new amount to get the total months it will take to payoff the debt. For debt number 2 Cheap Air Max Sequent , you will take the minimum monthly payment plus the 5% plus the minimum monthly payment of debt number 1 (since it will be paid in full) and add them together. Again take the total balance and divide it by your new monthly payment to figure your total months to payoff. Do this with each debt until you are finished.


Once you have completed this, add up the total months to pay off your debts to figure an estimate of how long it will take you to pay off all of your debt.


Example:


Visa total balance $6300.00 divided by minimum monthly payment of $153.00 = 41 (months to payoff) 2 (second to payoff)


Auto Loan $13000.00 divided by minimum monthly payment of $356.00 = 36 (months to payoff) 1 (first to payoff)


Mastercard $5266.00 divided by $96.00 = 54 3 (third to payoff)


Mortgage $43,000.00 divided by $325.00 = 132 4 (fourth to payoff)


The auto loan is the first to payoff because it has the shortest amount of time before it is paid in full. Then your Visa balance and so on.


Net Income = $1500.00 x 5% = $75.00


Taking your first debt to payoff which is the auto loan:


minimum payment $356.00 + $75.00 = $431.00 total balance $13000 divided by $431 = 30 (months it will take you to payoff this balance using additional 5%)


Visa: $153.00 + $75.00 + 356.00 (since this loan amount is paid in full) = $584.00 total balance of $6300.00 divided by $584.00 = 11 (months it will take to payoff credit card)


Mastercard: $96.00 + $75.00 + 153.00 + $356.00 = $680.00 total balance $5266.00 divided by $680.00 = 8


Mortgage: $325.00 + $75.00 + 96.00 + 153.00 + 356.00 = $1005.00 total balance $43 Cheap Air Max Motion ,000.00 divided by $1005.00 = 43


Add your months together: 30 + 11 + 8 + 43 = 92 approximate months to have all of your debt (including you home) PAID IN FULL! This is about eight years! Can you imagine being debt free in eight years???? That means that your home would be free and clear and you would have 100% equity!


If you apply the above formula to your financial situation, you can be debt free without getting a second job or without working extra overtime! Imagine the time you can spend with your family and friends instead of working. Of course if you take a higher percentage of your net income, you will pay off your debt faster!


This is something that anyone can do based on simple math. The trick to remember is to NOT use your credit cards. In fact Cheap Air Max Modern , cut all but one up! Get rid of them and just keep one in case of a major emergency. Start yourself a savings account to begin building up your emergency funds. Eventually set goals for yourself to save for college funds, retirement funds, etc.


Remember this fundamental rule:


PAY FOR CURRENT EXPENSES WITH CURRENT INCOME


Herbal Supplements To Improve Mental Abilities In Children And Adults Health Articles | December 16 Cheap Air Max Mercurial , 2015

BrainOBrain capsule is one of the herbal supplements to improve mental abilities. It reduces stress and increases the memory power of our brain naturally.



Good brain power plays a great role in our daily life. How to get improved memory power? This is a common question heard from people. Let's see here some of the effective herbal supplements to improve mental abilities. Both physical and emotional factors play equally important roles in improving our brain health. Healthy gut equals healthy body which is again equal to healthy brain. Hence health of gut is very important to improve the cognitive function of or body.


As per studies, it is found that about ninety percentage of serotonin production is done by bacteria in gut. To stimulate serotonin production, it is advised to include vitamin B enriched foods in daily diet. Bacopa monnieri is one among the best recommended herbal cures for low memory. Wholesale Jerseys Cheap Jerseys Cheap Jerseys Free Shipping Cheap Nike NFL Jerseys Wholesale NFL Jerseys [url=http://www.