Who wouldn’t like to be living debt free? You housing would be free, except for yearly property taxes and utilities? Your car would be owned free and clear. Wow!
The key to becoming debt-free is to do it in small and manageable steps. Don’t go crazy and start living in an austere fashion. Just modify your current lifestyle bit by bit.
First, remember the logo “Reduce, Reuse, Recycle.” This will make things go further at home, and it is also kind to the Earth.
Next,before you make a purchase, see if it is really what you want. Maybe you could wait a week and ask yourself again, rather than making the purchase immediately.
Value-shopping is the key. Find excellent items at excellent prices.
Moderation is the key to all things. Instead of eating a donut every day, maybe cut down to once a week. That would save you the cost of six donuts!
Keeping up with the Jones family is not the way to a debt-free life. Forget about what other people are doing, or the fancy cars they are driving. They are probably living beyond their means, but just haven’t mentioned that fact to anyone.
Simplicity is helpful. Having a talk or watching an old video is a whole lot cheaper than going out to dinner at some fancy pants place. Keep it simple, and you will be surprised how your checkbook balance grows.
Buying how-to books are an incredible way to save money. The more tasks you can learn to do for yourself, the less you will be paying out to contractors and sub-contractors. It’s true that virtually all the answers are in books. Hop online and see what your online bookstore can train you for.
By gradually cutting your expenses, and paying down debt, little by little you will be at that place of living debt free. When you are, don’t forget to have a mortgage-buring party to celebrate your independence from the chains of a mortgage. And pat yourself on the back- congratulations! You did it! Debt-free for life!