http://vervecoaching.com/getting-out-of-debt-part-3-reducing-expenses/ Organizational Consulting & Professional Coaching for Emerging Enterprises Fri, 30 Jul 2010 11:55:57 +0000 http://wordpress.org/?v=2.5 http://vervecoaching.com/getting-out-of-debt-part-3-reducing-expenses/#comment-350 Verve Coaching:: Life, Growth and Leadership, Boston MA » Archives » Getting Out of Debt (Part 3.5: More on Expenses) Tue, 13 Feb 2007 21:01:21 +0000 http://vervecoaching.com/?p=45#comment-350 [...] My previous post in this series, Getting Out of Debt (Part 3: Reducing Expenses), covers some of the more obvious practices for reducing your expenses.  The next piece of the puzzle involves some practices that are a bit more subtle.  Usually, when I meet with new debt-coaching clients for the first time, I have them assemble all of their current credit card statements, bank account statements, and utility bills.  Then, I go through each account, making note of interest rates on outstanding balances, late fees, and other surcharges.  I’m amazed by how often I can spot hundreds of dollars in uneccesary expenses resulting from high interest rates, late fees, and over limit fees.   [...] […] My previous post in this series, Getting Out of Debt (Part 3: Reducing Expenses), covers some of the more obvious practices for reducing your expenses.  The next piece of the puzzle involves some practices that are a bit more subtle.  Usually, when I meet with new debt-coaching clients for the first time, I have them assemble all of their current credit card statements, bank account statements, and utility bills.  Then, I go through each account, making note of interest rates on outstanding balances, late fees, and other surcharges.  I’m amazed by how often I can spot hundreds of dollars in uneccesary expenses resulting from high interest rates, late fees, and over limit fees.   […]

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