i am in like over $30,000 debt. is there anyway i could make money with out really budgeting? keep in mind that i own a store, so i have to buy items for it everyweek.
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Get a Dave Ramsey book… he is amazing at helping people get out of debt… Good Luck.
Why would you not budget? Especially if you own a store. That’s just foolishness – how will you know what to pay in taxes? How will you know if your business is making any money? Budgeting is a part of doing business. If you don’t do it yourself, hire an accountant to take care of it for you. Maybe that’s WHY you’re $30,000 in debt.
A spending plan (budget) will help you see if you’re making enough to cover your expenses. Without it, there’s no real way to know. Go to http://www.daveramsey.com and look for his simple spending plan (this is for personal expenses, not business). That will give you an idea where to start. Go to the library and check out books on accounting and small business record-keeping.
you HAVE to have a spending plan. Do it now!
There’s an interesting book titled “Rich Dad, Poor Dad.” You may want to check it out.
I would seek a financial professional. I met with a Primerica representative and they help me get out of debt. There is no fee to see them and they gave me a free financial needs analysis. Since they don’t charge clients anything, they do ask for referrals, which I had no problem with.