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Becoming Debt Free
Career & Finance: Debt Management

Why do you want to do this?

To improve my credit score and send kids to college, and to have more discretionary income, and to be able to have a nice nest egg,

What three things will you need to make this happen?

Spending less

living on what we have

encourage each family member to give up something each month and save that money

What is the biggest barrier to your achieving this?

There is really no barrier, just a change of mindset needed.

5/17/2011 3:04:42 PM

Hello Artdiva, how are you coming along with this goal?  I thought I'd post because becoming debt free was a process that took a couple of years for me.  I was successful with a method called the 'Snowball Plan.'  Here's a link.  Let me know if the information in the article is something you can use or if you've already implemented these strategies.

http://www.daveramsey.com/article/get-out-of-debt-with-the-debt-snowball-plan/lifeandmoney_debt/

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