Get Out of Debt

7 Tips to Stop a Debt Snowball

1. If you don't need it, don't buy it, hence now you can start to clean up a debt snowball How many clothing items do you have in your closet that you don't wear? How many books do you have on your shelf that you haven't read? How many utensils or dishes do you have that you haven’t used? Go through your garage, can you find things you haven't unwrapped? How much furniture do you have that you haven't sat on yet? If you answered an affirmative to any of these questions, you don't need to keep buying items in these categories. Also, it would help your ...

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Get out of debt – book excerpt

One way to get out of debt is to know the difference between good debt and bad debt. Chapter 9  -- IS ALL DEBT BAD? An excerpt from the book: Live Rich Save Money! Get Out of Debt Forever in 17 Amazing Ways, by Lois Center-Shabazz In this book, I encourage you to get out—and stay out—of debt. But the question must also be asked, “Is all debt bad?” The Answer- No, not all debt is bad. Debt needs to be carefully selected, and used only when absolutely necessary. The following are lists of good debt versus bad debt. After reading my lists, make ...

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