Quote:
Originally Posted by Robbie
And you would have to STOP spending and start paying off the debt.
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.. or get a second job .. to increase your revenues while cutting unnecessary spending ( still spending for the basic needs .,.. ) .
We had hard times in business .. I myself adjusted my model ( getting OUT of adult hosting which generated very low level of profit with a very risky exposure .. ) , then increased my revenues by adding services , diversifying in other fields AND being carefull with expenditures, always asking myself : do I really need it .. !
I am doing fine, managed to put aside roughly 350K ( 135K banked at 4.5% average with the Quebec Gov till 2018, another 110K with the National Bank ( 4.2% but expiring next year , and a balance of 100K invested in real estate ( a duplex rental ) ....
But If I had said, I cut my credit, I do not pay my bills, I stop paying for basics, well you would not see this post
