It's been said that if you have debt you have really three options:
- Keep doing what your doing and see no changes.
- Earn more money to pay off your debt.
- Lower your Expenses so you can apply more of your income toward your debt.
Secondly I looked towards ways to lower our expenses. Here are a few links and resources that we're helpful to us:
Real Debt Help - Dave Ramsey Dave Ramsey's book The Total Money Makeover is amazing and super helpful. There are 7 small steps that really help you to open your eyes and see the small things you can do to get to a place of Financial Freedom.
BankRate This site allows you to figure out payments, interest rates, credit card options and so many other financial tools.
www.Crown.com is a great Christian site and here's a link for helping to create a budget.
The above sites we're the most help to me - but there are many other resources out there. The main step you can take is to become knowledgeable and aware of where your money is (or is not) going each month. Simple steps can help you to be in charge of your money instead of living in constant worry and anxiety of not having money.
Feel free to leave your favorite tips, links or comments below!