STEP 1: STOP MAKING ANYMORE DEBT!!!
You cannot even begin to think of becoming Debt Free unless you stop making any further debt. The first step to get out of your Debt Trouble is to stop making any further Debt. Don’t be tempted to use your credit cards or enter into more loan agreements just to try and pay current debt. That is Debt Suicide.
STEP 2: MAKE A LIST OF WHAT YOU OWE CREDITORS
Gather all your latest statements and begin to make a list of all your Debt Obligations. Begin with the largest balance first. List the minimum monthly installments required, interest rate applicable as well as the outstanding balance. You might get the shock of your life when you see …
