As well as the preceding steps, if you feel you need to do something drastic:
– Sell an asset. This might be a car; a television; or stocks, bonds, and other investments.
– Downsize your house.
– Put your children in public school or homeschool (versus private school).
– Cut up your credit cards. They encourage overspending. Remove the temptation and enhance your positive cash-flow margin.
The Consolidation Myth»