Debt Free Living Tips

1-     Stop all your credit cards and keep only one for emergencies. Always use cash instead. And for the one you keep, be sure to choose one with the lowest interest rate and best credit facilities.


2-     Cancel all of your credit lines and request a lower interest rate on the debt you have left. 


3-     If you have multiple credit cards, transfer the debts to the card with the lowest interest rate or get a debt-consolidation loan from a bank at a very lower rate. 


4-     Use cash! And buy what you really need only! 


5-     Pay off the debts with the highest interest rate first. 


6-     Add an extra payment on the next debt by taking the payment you made on the first debt and adding it to the current debt. 


7-     If you have investments that are paying lower percent then the credit card interest rate, cash out your investments and pay off your debt.


For more on debt consolidation, mortgages and other related articles, go to

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