Getting Out Of Debt Series Part 1

Debt is it weighing you down? Do you know how you even got this debt on your back? Do you know how to get out of debt? If you answered yes to any of these question you are in the same boat as most folks these days.

So what do you and I do to get out of debt, I myself have been researching many different ways to get out of debt.

1  1.   Figuring out where our money is going is the first step.

Track all your expenses for 30-90 days

   2.   Look for ways to cut your expenses.   

Cut anything you don’t need examples any memberships

3  3.   Call your accounts and negotiate

Ask to lower your monthly payment        

Pick a different plan that meets your budget

See if you can get a lower interest rate

4  4.   Don’t Waste

Make a meal plan buy only what’s on the menu for the week

Shop smart use coupons

Watch your utilities

Turn off the lights, don’t run the water

Keep your car maintained so you don’t waste gas

So now that you read my tips, you thinking to yourself I already do all that and I am still BROKE! OK, so guess what so am I but remember you’re not alone. We just have to do some more work and with my series we will learn how to follow the Dave Ramsey program.