Debt can be stressful, and you may feel like there is no escape. Stop worrying, because there is a way out. You can get out of debt. You can do it. You can be free. But it’s going to take some work. You’re going to need to take control and shape your own future. It takes planning and discipline, but if you want it. If you want to finally be free from the never-ending soul-sucking trap, that is debt, we’re here for you. We want you to succeed.
If you’ve made it this far, congratulations, you understand that your debt is a problem, and you’re ready to take action to fix that problem. That’s literally the first step, and frankly, it can be the hardest step.
But before you begin, you need to understand this is not something that you can read once and your debt just somehow magically disappears.
We wish it were so, but you can’t just snap your fingers and wish away your debt. It’s going to take effort on your part. But mostly it’s going to require you to read, re-read, understand, and then re-read the steps below.
So, before you do anything else, save this page. You can email it to yourself, send it to your favorite social network, or send it to yourself in a text. However you want to save it, just make sure you DO IT NOW. Because trust us, you’re going to want to revisit this information over and over again. Do that now. Right now.
If you don’t change, nothing will change.
If you want this to work, you need to follow these steps. You can’t just read this and then do nothing.
You must commit yourself. You cannot wish your debt away. You cannot continue hoping and dreaming and thinking about it. You need to act. It’s simple, it really is, but you need to take action. Real actual action. This is it. This is your time. You’re ready.
The Steps to Get Out of Debt
If you follow these steps, and you read the additional information below each step, and you actually do it, you will get out of debt, and your life will be better.
It’s that simple.
1. Recognize That Your Debt is a Problem
Congratulations, you know it’s a problem, that’s why you’ve read this far. But do you really truly believe it is a problem? Because it is.
Debt is a cancer. It is the master and you are its servant. Credit card debt, student loans, car payments, personal loans, and even your mortgage. They all take money, and time, and energy, away from your freedom, away from your life. These debts force you to work and live for your debt, instead of for yourself.
Debt destroys your freedom. And being debt free is the best feeling in the world. There’s nothing else like it.
The Actual Cost of Your Mortgage
2. Create a Budget
There are several different types of budgeting strategies, but the bottom line is, you need a way to track your expenses compared to the what you make.
If you don’t want to create a budget you might as well give up now, because you’re going to spend the rest of your life in debt.
3. Cut Back
You must learn to live with less. This can be difficult for many, at least at first, but once you make up your mind that debt is destroying you, you will come to see the cost of everything differently.
Minimalism > Materialism = Happiness
4. Prioritize & Pay Your Debts
You must decide what debt you want to pay off first and focus all of your effort on that one particular debt before moving on to the next one.
5. Take Action
You now have all the information you need. But nothing will happen unless you take action. Nobody can do it for you. You need to re-read everything written above and start making moves. Right Now!
6. Increase your income.
Your take home income is your best weapon for battling debt. If you can take home more money without increasing your expenses, then you can put more money towards your debt.
You Will Get Out of Debt – You’re Ready
Now you know how to get out of debt, but now it’s up to you. You have to take action now. We believe in you, and we know you can do it.
