Additionally, do not accept what a salesman says you need. How often do you use emergency road service? Do you have a duplicated medical insurance on the job? You save up to 35% by cranking up your deductible. Is this a viable option at least until you get your Accelerator Margin program going?

Health Insurance - Can any of the above be applied to your health insurance? If you have to buy a car, why buy it new when you know you are going to take a depreciation bath? How much could you save by bagging your lunch instead of buying it?

Grocery Shopping - Grocery coupons can easily reduce your food bill by over 10%. Get the family to cut them out and organize them as a family project. Who knows, there could be a bonus of family values in the making. Ones a woman in seminars told an astonishing fact, which was later confirmed. She stated that she always bought pre-packaged prepared foods. She then started to do preparation herself. Her monthly savings exceeded $200. How is that for a boost in your Accelerator Margin?

Other Items - To get your Accelerator Margin going, can your family survive without cable for a few months? Can you skip the newspaper for a while? Have you checked your tire inflation, which can save, up to 10% of your gasoline and have you verified that you really need a higher priced octane gasoline?

How come your phone bill is so high? There is no phone bill, which could not be drastically cut. Similarly, has the utility company checked your home (often for free) for energy efficiency ideas (and sometimes labor/materials). If not, they are a phone call away and it all so worth.

Instead of taking the Little League to Burger King after the game, try a bar-b-que at home. Instead of videos every Friday, take a walk. Instead of Pizza Tuesday out with the gang, co-ordinate an old fashion pot luck. Get your hands dirty changing your own engine oil.

BY THE WAY - You cannot live like a hermit. You have got to have a life as you work your way out of debt. Sometimes taking your spouse out to dinner far outweighs any cost cutting exercise. So, rather than being a monk, simply be conscious of where the money is going and what each spending decision really costs.

The above ideas should be able to give you insight into the ways of your life and that shall be able to make you come up with your own, even better ideas for yourself. As the time passes by you shall see yourself getting out of debt, your cash pilling up for your own investments than for your creditors.