By Kathy MehrabianThis Article is about how to become debt free. A dream that all of us have? No bills, no payments?
Surely each one of us at some point of time wished there would be no bills in the mail box that day. But it seems like bills and payment arrive in our mail box lightning fast. Can we have our life style set up a way that we can have the cake and eat it too?
I think we can. When things are getting rough We Must get tough.
These are what I did and reduce my monthly bills by %75:
1. I start looking at my complete list of bills and start categorizing them: - A list; Must have items " Necessary " - B list; Items that it's good to have but it is not going to kill me if I didn't have them. "Necessity" -C List; items that they do nothing for me. "Luxury".
Then I start one by one and crack down each one of my bills and cut them down to pieces.
2. I lived in 3-bedroom house, so I moved to one bedroom.
3. I was driving a BMW I exchange it with a USED Toyota corolla. You get the picture. I keep things that I have to have in my life to make money and continue average life style. For my bills like credit cards and payments (like furniture loans, etc.)
I contact a consultant who are expert in dealing with these companies and settle your debt penny on dollar. Now that's like money in the bank. Any way, it's easy to sit and do nothing and hoping fury tale will knock on our doors. But a little action, sacrifices will do the trick.
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