GreenPath Debt Solutions Provides Financial To-Do List for Michigan Unemployed
18.08.11
, GreenPath Debt Solutions counselor. "As simple as it sounds, it is imperative that you sit down and list what income is coming into the household, be it from a spouse, severance pay, or unemployment."
Barrick said that once you determine what income is available the next steps include:
Subtract your priority expenses. List food, shelter, transportation costs (car payment, gas, bus fare, etc.), utilities, and secured loans (boat, camper, etc.). Pay these first and foremost.
Now start subtracting all non-necessities. These are expenses that you can live without for the time being, such as premium TV channels, Internet, second phone, etc.
Source: PR Newswire (press release)