Don't you hate those articles that tell you to switch to generic toilet paper and stop buying overpriced coffees? I see the purpose, because a lot of people don't realize that those things can save them money and also because it helps build a mindset of being thoughtful with your money. But seriously, I'm looking for real, substantial steps to help chip away at debt.
Don't you hate those articles that tell you to switch to generic toilet paper and stop buying overpriced coffees? I see the purpose, because a lot of people don't realize that those things can save them money and also because it helps build a mindset of being thoughtful with your money. But seriously, I'm looking for real, substantial steps to help chip away at debt.
Fortunately, DR at Dough Roller has put together a truly useful list of steps that you can take to get your debt under control. I've used several of these steps myself, particularly step #1: Put your debts on paper. I can't emphasize that enough. I don't know if it is the realization of seeing it all written down that motivates you to get moving, but it seems to help a lot.
DR includes lots of good action items in this timeless piece on debt reduction. If you are looking for some new inspiration or a fresh perspective, this might be a good place to start.