Yes, You Can Be Debt Free!
Being debt free is the dream of every adult. Most of us have been or are in debt at some point in our lives. If you purchase a house then you are likely to be in debt for over half of your life.
If you want to live debt free then you need to take some serious action right now. To become debt free you need to follow some steps:
Set a budget and stick to it!
Pay off and cancel all credit cards
Only pay cash, never use credit
Track your spending by writing everything down
Budgeting
To get debt free you simply need to budget carefully. Working out your expenses on a weekly or monthly basis will assist you greatly in working out how much extra you can pay on your loan or credit card.
Pay off credit cards
It goes without saying that credit cards drain your income. Pay them off and never get one again, and only purchase when you have the CASH to do so. If you can't afford something then simply don't buy it until you have the money. Credit cards have notoriously high interest rates and these should be your first target on the road to becoming debt free.
Track your spending
Writing down everything that you buy will help you enormously. If you don't write it down then you aren't likely to notice the little things adding up. This is very important to do as you will be able to cut out unnecessary expenses.
Debt free living can be yours if you follow simple steps to make it happen. Remember you can always get a free debt consultation from a certified company or organization if you are stuck on where to start.
