Debt diet

It is time to get rid of your debt! A step-by-step action plan to help set you on the path to financial freedom.

Step 1: How much debt do you really have?
It's time to get real about your debt. Do you know how much living with debt is costing you?

Step 2: Track your spending and find extra money to pay down debt
Time to cut back on the extras. It is time to start savings on the unnecessary expenditures you are paying.

Step 3: Learn to play the credit card game
Think $10 a day won't make a big difference in your debt? Think again! you can pay off $8,000 in credit card debt in just 3 years.

Step 4: Stop spending
Making small changes can help in a big way. Use these tricks to help you spend less and save more.

Step 5: Create a monthly spending plan
Use the monthly spending plan worksheet and calculator to create a budget that you can stick to—and save with—every paycheck.

Step 6: Take big steps to grow your income
Whether it is selling your assets or getting a second job, sometimes you have to make big choices to get out of debt.

Step 7: Prioritize your debts and raise your credit score

Step 8: Understand your spending issues…and save!
Resist temptation and build an emergency fund.