How Do You Become Debt Free Quick?
Becoming debt free isn’t that hard, but if you want a simple game plan to get out of debt, let me show you how it can be done. Gather up all of your bills that you owe, and write down each balance, APR, as well as the minimum payment on a piece of paper. Now, list the highest APR balance first, going from the top to the bottom. You want to pay the highest rate first, because this is where most of your money is going in terms of interest. Create a budget so that you know where your money is going. Make sure that you ALWAYS pay the minimum on all of your bills, while attacking the #1 highest APR balance. Look at how much money is coming in. If there’s not a lot of money coming in, you’ll want to make sure you find a side job, because we all know that money doesn’t grow on trees. Be disciplined, save on the new flat screen TV purchase, and focus on debt. Attack it until it’s gone, and you will be debt free!
