How to Give Yourself a Financial Reboot

Have you ever thought to yourself, If I didn't have so many expenses I could really save money and do it right this time? We'll I have done it and it is working out great.

Difficulty: Moderately Easy

Instructions

Things You'll Need:

• Desire to be Debt Free
• Give Up Trying to Keep up with the Jones'
• RV
• Paypal ACCT
• eHOW, and other Affiliates

1. Have a huge garage sale and sale everything you do not need and would be easily replaced if needed.

2. Sale or Rent out your house.

3. Buy a RV 25foot with slide out or larger. I bought a really nice 27 foot RV with a slide out for $3000. I rent a space in a RV park for $200/mo. plus electric ($40/mo.). My space includes internet access, water, sewage, and trash service. My only other expense is my cell phone $100/mo. and car insurance $50/mo. For a total of $390/mo. plus food and entertainment per month.

4. Take all the other money left over from your income and pay your bills off 100% and start writing articles on eHow.com for extra income to boot. I am saving $3000 per month. Granted I am a single guy and I am doing this for 18 months and will re-evaluate at that time. My bank account is getting fat and my bills are getting very skinny.

Tips & Warnings

• Plan for living with just the essentials
• Create alternative residual income streams to offset your basic bills
• If you have land save and put your RV on your own land.

[bosherus]

on 11/15/2009 Great article and thanks for your tips. 5* and a recommend.