john smithson - I really encourage all American's to take seriously the need to cut their household budgets. With all the money the fed's are spending on these bailouts tax rates are going to go out of sight. Just wait, maybe this time next year the feds are going to need to raise taxes higher than we've ever seen. It's coming. Get those budgets under control and cut your budget where you can. One idea is to use an insurance shopping service, such as low cost insurance to cut your insurance costs. And try to set money aside for an emergency. The painful reality is coming to a nation near you.

Carolyn - Great post Debbie - I've saved it to my computer and I'll have a go at putting it together for our household later today. I know we should be much better off than we currently are - and you'll help me get to where I want us to be. Thanks.

Sherin (Guest) - Nice read. Well defined and simple method to understand. Keep going. appreciated

Sherin
http://investinternals.blogspot.com

viyola - Well, I think that if you're in serious debt, you should get in touch with a company which provides expert debt advice on various solutions to become debt free, and which doesn't take any money for it, like a not for profit organization.