I have helped a lot of clients get out of debt over the years. No matter what the circumstances are some clients succeed and others fail miserably. I have tried to put together a rules list so to speak to help others before they start down their debt elimination plan. Follow these rules and you will have a great chance to get rid of your debt. Throw these rules away and most likely you will end up with the 75% of people who fail at getting out of debt!First and foremost set up a budget before embarking on debt elimination. Do not start a plan without knowing whether or not you will be able to afford it. Sit down and plan out housing expenses, auto expenses, food and any other variables that may cost you money. Most people mistakenly allocate the money to a debt elimination plan first and try to plan the other expenses around it. Nothing is more important than your families survival! When push comes to shove and you have to decide between survival and debt elimination, survival wins, so don’t get into that position.Secondly, you will not avoid your creditors like a plague. You will actually […]

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