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2006-10-10 08:42:09 · 8 answers · asked by Anonymous in Business & Finance Personal Finance

8 answers

Spend less than you make. A great book to explain in simple steps how to do it is the "Total Money Makeover" by Dave Ramsey. It's not a magic potion, but it is a process that's easy to understand.

2006-10-10 08:50:49 · answer #1 · answered by shominyyuspa 5 · 0 0

Make a payment plan, and stick to it, for example, every week put $50/$100, or what you can in your credit card debt. And don't use them anymore. In some months you will feel the relief of having to pay less and less money.

2006-10-10 13:31:56 · answer #2 · answered by wazup1971 6 · 0 0

Cut way back on your expenditures and put all of your left over money towards your debts. Check out The Total Money Makeover by Dave Ramsey...it helped me a lot!

2006-10-10 08:44:21 · answer #3 · answered by GeoL 2 · 1 0

1. Cut up ALL your credit cards.
2. Eliminate ALL unnecessary expenses. This includes clothing, alcohol, lattes, dining out, jewelry, candy, etc.
3. Figure out a payment schedule for your debts. Pay off the highest interest rates first.

2006-10-10 08:48:18 · answer #4 · answered by fyrfly 3 · 2 0

Don't get into anymore debt and pay the debts in which you owe. It is as simple as that. I hope this helps!

2006-10-10 08:47:29 · answer #5 · answered by Me 1 · 0 0

Is to make double the payments once a month...your debts will be paid off in no time!

2006-10-10 09:05:21 · answer #6 · answered by KL 5 · 0 0

First get rid of your credit cards, then make a budget and stick to it, then start slowly paying off your debts.

2006-10-10 08:50:04 · answer #7 · answered by judy_r8 6 · 0 0

Change your name. Just a joke I learned to live with the fact.

2006-10-10 08:44:15 · answer #8 · answered by Anonymous · 0 0

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