What are the steps of getting out of debts?

Submitted by Anonymous (not verified) on Fri, 11/09/2012 - 06:45
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What are the steps of getting out of debts?

Following are the possible steps which will help you to get out of debts:
1. Find out exactly what you owe.
2. Determine how much you can pay.
3. Avoid new debts:
4. Set up a payment schedule.
5. Scrutinize your expenses.
6. Keep track of your progress.
7. Create an emergency fund.
8. Learn how to live a frugal life

Mon, 11/12/2012 - 04:43 Permalink