2005 debt national Article:

{article9}The most obvious debt solution is to stop spending. There are no quick fixes or magic wands. Outside of fixed expenses such as rent/mortgage, utilities, groceries, etc. You have a lot of control with regard to your expenses. Before you waste your $99.95 on a program that touts itself as you debt solution - stop. You can be your own debt solution.

Get a picture of your debt. Who do you owe and how much? Make a budget and look for any unnecessary expenses that can be used for your debt elimination plan. If possible, you might also consider a part-time job. These funds would be dedicated exclusively to your debt solution program. Start with the smallest bill (for quicker gratification) and pay as much as you can until it is paid off. Give yourself a pat on the back for a job well done. It is hard to change old habits, but it can be done. Continue to look for cost-cutting ideas, such a cutting coupons and bagging your lunch. Move onto the next bill and pay as much as you can until it too is paid. Do not neglect the other bills while you are focusing on the immediate target of your debt solution. Never, never pay bills late. Late payments result in late fees and often higher interest rates. Two things that will not advance your debt solution plan.

You can make your debt solution plan more effective by enrolling in a bill pay service, which is offered at no extra cost by most banks. In this way you just click and pay. No more searching for envelopes and stamps. If personal discipline is a problem you can set up direct payroll deposit and automatic payments with your bank as well. You will have no choice but to follow through if the plan is out of your hands.

No debt solution is immediate and every debt solution that you commit to fiscal examination and rehabilitation. If you really want a debt solution that works, you have to look in the mirror.{/article9}