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Saving your home mortgage from foreclosure

by Craig Ballhagen


OOPS! I Just Ate My Mortgage Payment again! Is there is any correlation between the percent of people who are late on their mortgage payments and the amount of calories consumed each month?

When a homeowner has problems making their mortgage payment at the end of a month, how short are they? Do they not have any at all money for the payment or, is the struggling homeowner coming up just a few hundred short? A monthly mortgage payment of $1000, for example, that might only be $100-300 dollars.

If every month a consumer's budget keeps coming up short, maybe it is time a look at where the money is going. The common categories are entertainment, gas, mortgage, utilities, clothing and FOOD, to name just a few.

The food category can be the most elusive. Do you REALLY know how much of your paycheck is going into the fridge and eventually the mouth? If you were to add up every dollar spent, it would probably be pretty shocking. Most people don't want to know because it would mean a change in life style. But that is what needs to be done if a person is to EVER, take control and know just where every hard earned dollar is going.

To keep things simple, a single person could break down their food costs to an average of $2.00 per meal eating at home. In one month that could be around 100 meals.

That equals $200 per month-eating at home-in a perfect world. Everyone knows people eat out at least 5-10 times a month. How much does that costan additional $50-150? I'm not suggesting NOT eating out, but being aware of how much you are spending doing it. That means your food cost could jump to the $300 or $400 level without really knowing.

If a person is a big eater, that $2.00 per-meal cost could easily double or triple, especially if a person is not a good grocery shopper. Now the eating at home cost goes to $400-600. The eating out cost could be an additional $300-400.

Wow! That is $1000 per month for just one person-just on food. Think of the cost for a family of four (with poor eating habits).

Much money is wasted. Imagine if a struggling homeowner could save their home AND cut their food budget in half. A person could really set themselves free. That's empowerment! TAKE CONTROL OF YOUR BUDGET, MORTGAGE AND FINANCIAL FUTURE.


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