If you can grab one handful of fat anywhere around your midsection then you are more than likely overweight. If you can grab two handfuls of fat, you might be obese. Here are six tips on how to lose the fat and turn it into weekly debt payments.
- Eat your way out of debt. It’s possible to get out of debt with just food savings. The average American family’s income is $50,000 a year. Roughly $8,000 of it is spent on food. It is possible for the average American family to eliminate $3,000 or more a year on food costs. You can literally eat your way out of debt!
- To lose weight and debt, just eat a little less. This is a pretty simple concept. Eat 10% less and save 10% on your groceries.
- Quit eating out. Eating out is expensive and fattening. Take your lunch to work and utilize yesterday’s leftovers when possible.
- Quit drinking your calories. Tap water is healthy, plentiful, and free. By making the switch to water from any other beverage that costs money, you can save a lot of money, and lose a lot of weight.
- Immediately start using your weekly food savings to make weekly debt payments. I would suggest paying off your most stressful debt first. This will stop the collection calls and the lawsuits. Interest and court costs will be saved, and stress will be reduced. Reducing stress makes it easier to lose weight.
- Use your entire tax refund check to pay off debt. In February or March every year, the average American gets a $3,000 tax refund check. I would strongly suggest using the entire check to pay off debt.
It is very possible for the average American to turn a handful of fat into $6,000 that can be paid on stressful, burdensome debt. All it takes is eating just a little less food, and a tax refund check.
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Martin Sher, Co-CEO of AmSher Compassionate Collections® is on a mission to help 5 million people lose weight and be debt free.
Martin is past president of ACA International, and author of the Collector’s Pledge — hundreds of thousands of collectors all over the world have signed this unique document committing to treat people with dignity and respect.