Decide to Stop Creating More Debt
Recognize that creating more debt will only make it harder. If you continue to create debt you’re only compounding the problem and adding to your debt crisis. If you have credit cards with an available balance put them somewhere they are not easily accessible, perhaps a safety deposit box. You may even have to resort to spreading them if you can’t resist the temptation to charge up more debt.
Pay More than the Minimal Payment Each Month
By paying the minimal payment due you are actually prolonging your debt and paying thousands of dollars in additional interest that could be used to pay-off the principle debt. By adding just a few more dollars to your payment each month you will be surprised at how much you will save and how much faster your debt will be paid-off.
Target One Debt at a Time
This is a strategy that will help you not only pay-off your debt but also help you achieve small goals. By reaching these small goals it will help you continue on your journey to paying off your debt. Start with the lowest balance and