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The Egglestons are hard at work on the Debt Diet. After cutting household expenses by $500 a month and learning the secret credit card game, Sally and Dan are ready to tackle the next step.

Step 6: Take big steps to grow your income.
Dan is coaching baseball at the school where he teaches, for an additional $1,300. Every summer, Dan runs a lawn care business. This year he's adding customers and raising rates by 10 percent, which will lead to about $4,000 in additional income. A part-time gig painting houses is also helping Dan bring in extra cash—he made $200 already, and has more jobs lined up.

Sally is finding new ways to earn money, too. Sally plans to teach summer school, for an additional $2,500 in income. She's also making extra cash by selling items like old clothes on eBay—she's made $150 so far, and has lots more to go!
FROM: The Debt Diet: Part 5
Published on January 01, 2006
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.


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