Do you want to get out of debt? If so, you need a plan. Debt does not go away magically. It goes away when you follow a plan to get out of debt. Over the next few weeks I'm going to be blogging about ideas and steps that might help you get out of debt.
The first step in getting out of debt is to become conscious about money. You need to know how much money you have, how much you make, how much you owe and what you spend your money on. The only way to get out of debt is to first get out of denial.
How do you normally pay your bills?
Do you have a set time to do this each week, month?
Where do you keep your bills?
If you don't have a scheduled time to pay bills then this is a great place to start. Schedule a date and time to sit down and pay all your bills each month. (Go put that date and time on your calendar right now!)
Are all your bills in one place? If not then it is time to get them all in one place. Start a folder for bills or get a box to put on your desk. Do something that works for you. Every time a bill arrives in the mail immediately put it in this new designated space.
That is all for today. More ideas coming in the next post…