I've found the best approach to getting out of the red into the black is keep a notebook log label something like Household Finances " and record on a daily basis of all income coming in/out. List the must pay "monthly items " like rent and all Household expenses and family expenses that are a mandatory to be paid on time every month. Keep a daily record of all your accounts and Credit scores from all of your financial institutions. Plus have a strict financial discipline on what you're spending that money on. I've been following this for two years now and increased my credit lines with a credit score inching upwards, and I've gotten rid of my long term debt too. Believe me, doing this and seeing on paper on where all of your hard earned income is going is a eye opener showing where its all going to...
