It is possible to get out of the debt trap. It takes self-discipline. It takes future-orientation. It take a realization that debt really is a trap.
Occasionally, it takes a bankruptcy, but not often. There are ways of avoiding bankruptcy in most cases.
These personal testimonies offer hope. They also offer specific strategies that may help you in your program to live debt-free.
|From Envelope System to Debit Cards and Back
Here is a success story. . . . keep reading
|We Began by Getting Rid of Stuff
A site member at GaryNorth.com describes his family’s strategy. . . . keep reading
|The 10 Key Actions That Finally Got Me Out of Debt; or, Why Living Frugally Is Only Part of the Solution
This man is now debt-free. . . . keep reading
|Start With the Tithe
Paying God first is important, as this couple found out, though not at the very beginning. . . . keep reading
|A Seven-Step Solution to $75,000 of Debt and $2,000 a Month Child-Supprt Payments
He could have declared bankruptcy. He didn’t. Instead, he cut costs. . . . keep reading
|1999: $60,000 in Debt, No Ph.D. in Physics, a Drop-out. 2004: Debt-Free
A flash of insight made this possible. I hope you have had yours. . . . keep reading
|Seven Hints to Getting Out of a $67,000 Debt Burden
You must be maniacal about budgeting. . . . keep reading
|How to Pay Off $60,000 in Debt, Starting with $20,000 a Year and Three Kids
R. A. S.
This is the way to structure your life even if you have no debt. Abandon pretensions. . . . keep reading
|No Debt, No Mortgage: Four Years
This is the way to do it if you have no pretensions. Pretensions involve a lot of debt. . . . keep reading
|Get a Second Job
Somethimes cutting expenses just won’t cut it. . . . keep reading
|The Wrong Way to Get Out of Debt
This is a guarantee of misery. It’s like hiding booze from an alcoholic. . . . keep reading
|Four Months to Debt Freedom
From an $8,000 debt (1987 dollars) to zero debt in four months. . . . keep reading
|Keep It Simple, Stupid!
If the plan is too complex, you may not follow it. . . . keep reading
|Ignoring Good Advice Until the Results Start to Hurt
This man did not take his father’s advice until the pain was intense. . . . keep reading
|Debt-Reduction is a Joint Effort. It Takes Teamwork.
Two of you got into the hole. Two of you must dig your way out. . . . keep reading
Switch Debt on High-Rate Credit Cards to Low-Rate Cards to Pay Off the Debt Faster
Be merciless with your present credit card companies. Make them compete. . . . keep reading