Decision Point - Trouble-shooting Your Financial Picture

	Situation: Your expenses exceed your income every month. Talking to your Creditors: Don't wait for creditors to contact you. Explain your current situation. Frankly discuss your future income prospects so you can jointly devise solutions to the problem Controlling Spending: Talk to your family about your spending habits, and defer some purchases. Increase income: Consider a part-time job or moonlighting project.
	Situation: Your expense load includes a large amount of credit card or home mortgage debt Refinance a Home in Oregon - Consider refinancing your home or moving to a smaller home HUD-approved Organizations - Providers of Foreclosure Prevention Related Counseling Consider renting a room or a portion of your garage Re-prioritize your spending to pay off high-interest credit cards first, or consider consulting with a consumer credit counseling service to formulate a debt repayment plan.
	Situation: You have a high fixed asset to debt ratio Making the Most of What You Have - Consider a home equity line of credit for special purposes, but avoid resorting to these measures for meeting short-term debt. addresses many other ideas.
	Situation: You're beginning to think you'll never be able to take that special vacation Setting Spending Priorities - Consider painless ways to save: Eliminate your daily trip to the Latte' Shop (up to $500/yr); take your lunch to work (up to $1000/yr)

Content Contact: Susan Busler