June 12 2010 written by http://investingport.com/ staff
The most common and stressful disease in the world right now is the master epidemic call "debt", debt is easy to acquire but hard to treat or get rid off, a lot of people that tried to eliminate debt found them self sinking in debt even more because of lack of strict plan to pay off the debt. For anyone to be able to pay of their debt without filling a bankruptcy, they will have to be very carefully focused and dedicated to a new form of cheap life style; that is all that it will take to be successful at getting out of debt.
Cut off unnecessary spending.
Majority of debtors still found them self sinking in debt because they are used to lifestyle of unnecessary spending. Unnecessary spending are money spent on things that are not needed for survival. Imagine spending over $100.00/week on coffee from Starbucks or other name brand coffee stations, couple of hundred dollars on fast food or lunch when you can easily save money by bringing your own lunch,
to catch up on debt you Must do the stick to the following steps so you can get out of debt fast.
*Make your own coffee or get free coffee at work
*Stop spending money on fast food, cook your own food
*Take lunch to work from home
*Eliminate all phone accessories fees
*Stop shopping for expensive clothes
*Cut down on drinking and have a budget for what you need to survive daily
*Follow the above advice and you will pay off your debt in little time.
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How to get out of debt
Saturday, June 12, 2010
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