How be debt-free person?
Answer:
I used to have a lot of debt. I am now debt free and the 2 most
important factors were 1. Finding painless ways to cut my
household expenses, and 2. Never relying on only one source of
income, but having several sources of income.
Try this Site for lots of Ideas - http://www.realmoneyideas.com
Go to the following pages - "Cutting Expenses"
"Money Saving Ideas" and "Additional Income" .
Apply as many of those Ideas as you can to help yourself
become debt free.
Make lots of money..
Simple - never charge anything (ie:owe anyone anything)
Stop eating outside.
Cook ur own food.
first step is to run on a budget and then save money but be very strict. just ggogle it and youll find tons of info
When you are young one of your early goals should be to own your own home and thereby avoid wasting a lot of money on a rental. If you can buy the land and build the structure yourself, you can stretch money. If that is not an option you can still stretch money if you don't have to have the fanciest home you can acquire, at least to begin with.
Practice discipline in all things. Get needed things without spending more money than you have. Use your imagination and invent some of it. Learn to make-do.
Do nothing to show off because showing off can bring on a lot of debt. Go the other way. Get, buy, make the practical thing.
Discipline yourself and don't do things to excess. Avoid alcohol, avoid smoking, and avoid over-eating.
Keep having goals and have fun reaching them conservatively while you remain debt-free.
Keep yourself healthy with a reasonble amount of exercise while you are young. Have a sensible diet. Avoid one that calls for a lot of killing and don't require a great deal of meat, and include a reasonable amount of raw fruits and vegetables, and avoid a lot of salt, sugar and grease and try to extend pretty good health into old age without its costing a great deal of your resources.
Be careful whom you associate with,
Acquire decent idealistic happy unselfish people for friends. Have hobbies, preferably creative ones rather than expensive ones. Don't marry until you both know for sure way beyond a guess that you bothwant it to last somewhere near forever, and all your friends know it or observe it and act accordingly. Trust in the
Creator and pray for the good of all those around you.Life is a learning experience, it's not an owning competition.
Do not use your credit cards ever. (If you are an employee)
so far I have done good progress with this:
http://debt-consolidation.50webs.org.
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