Get Out Of Debt With Baby Steps

babysteps

Getting out of debt is no different than overcoming any other struggle or obstacle in life. To be successful it helps to take one small step at a time. Create small goals that lead to the big goal of becoming and living debt free. I encourage my clients, as Dave Ramsey does, to follow seven baby steps to assist you in becoming debt free. The baby steps are a good overall map to follow along with: Prayer, and relationship with Christ Jesus You must commit to NEVER borrow money EVER for ANYTHING other than possibly a house. Talk with spouse and get him/her on the same page as you concerning finances. Every month do a written budget down to the penny Temporarily stop all retirement contributions (shouldn't be for more than two years) Get current on all major bills (You MUST have Shelter, Food, Utilities, Basic ... [ Read More ]