I've set some rules & extra works for myself.
1. Pay off fixed amount from my salary, I've decided to take 500 from my salary (made me suffer abit, have to adjust my lifestyle abit). This is also to stop the bank to charge me high interest, at least I've pay for the min. payment in case my other plans don't work.
: 500 x 6months = 3,000
2. Extra work for extra income, I've did some freelance work for my friends, ex-colleagues & whoever I know that need my expertized skills
: 200 x 6months = 1,200
3. Internet business, I buy and sell goods in the internet market likes ebay. I didn't set my profit margin too high, only around 10%. That lead me more sales due to lower price, so that frequency of buy&sell in a month gets more
: 300 x 6months =1,800
4. Investment Dividend, I've did some sharemarket & gold investment (only small time)
: 50 x 6months = 300
Within 6 months, I've made up 3,000+1,200+1,800+300 = 6,800. Well, my debts are almost cleared after the 6th month, I am lighter! Now, I pay off all my credit card debts MONTHLY, I cleared it every end of the month! I am still continue doing some of the aboves as I see it is working well for me. And I have a bigger PLAN for myself, my life...
Hope, if any of you out there having similar problem that I had, can be sorted out ASAP. Remember, "Nothing is impossible, only U think it is".
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