How to Successfully Achieve a Debt Free Lifestyle

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Just think if your were living debt free right at this moment. Basically your housing would be free, except for yearly property taxes and utilities? Your car would be owned free and clear, and you would have no credit card debt. Wow! If you want this debt free lifestyle then the key is to do it in small and manageable steps. Do not go crazy and start living in an austere fashion. Just modify your current lifestyle a little by little everyday.

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. These days value-shopping is the key. Find excellent items at excellent prices. Moderation is the key to all things. Instead of eating a donut or drinking Starbucks coffee every day, maybe cut it down to once a week. That would save you the cost of six donuts and coffees!

Also, keeping up with the Jones is not the way to a debt-free life. Forget about what other people are doing, or what fancy cars they are driving. Most likely 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 no mortgage party to celebrate your independence from the chains of financial debt. Finally, pat yourself on the back, You've done good!








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