Sunday, August 26, 2007

8 Simple Steps to Combat Debt











Debt...ooh that scary little four-letter word. Scary in the sense of burdensome. Debt comes in many forms. These days, debt usually comes more in the form of credit card balances. Of course, some of us are wise enough to stay debt-free, card-wise, that is.

In debt and wanna get out of it? Learn from these 8 simple steps...

Step 1: Separate "Bad debt" and "Okay debt"

Step 2: Don't Pay by Their Rules

Step 3: Get Intimate with Your Visa

Step 4: Play the Heavy with Your Existing Lenders

Step 5: Shop Around for a Better Deal

Step 6: Lather, Rinse, Repeat

Step 7: Be Prudent

Step 8: Resolve to Spend Less Than You Make

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