Tuesday, August 14, 2012

How to become debt free

Becoming debt free or coming out of financial bondage takes some work but it can be done.There are several things that you can do to come out of debt.

1.Make a written plan

Having a written plan is the first step to turning things around in your life.
Have a plan of all expenditures and their importance, this is necessary because somewhere along the way we have not been distinguishing between our needs, wants and our desires. In your plan you need to make the distinction, you will be amazed to find out where you have been spending unnecessary money that has caused you to be in debt.

2.Decide what is essential for living and what is not.

One must learn conservation. You need to begin to ask yourself what things around the home you can do for yourself that you can stop calling in people to do things which you have to pay for.. They have the DIY departments (Do It Yourself), to help you to save on services. You will also need to develop some home skills so that you can eliminate some of the expenditure that are not really essential.As you begin to develop home skills you will find that some can be fun and at the same time cut some of your expenditure.

About

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A Christian who loves to write about christian living, natural health and self improvement. I pray daily that the love and grace of God will be poured out through my life to others. I remind myself daily that whether or not I have "witnessed" I am still a witness in everything I do.