At Oprah.com, financial experts David Bach, Jean Chatzky and Glinda Bridgforth offer a step-by-step action plan to help you get rid of your debt. The plan has 8 steps, and they concentrate on calculating your essential costs and cut back your excess costs – and stick to your spending plan! It is all about save what you got to free yourself from financial problem sooner:
Step 1: How much debt do you really have?
Step 2: Track your spending and find extra money to pay down debt
Step 3: Learn to play the credit card game
Step 4: Stop spending
Step 5: Create a monthly spending plan
Step 6: Take big steps to grow your income
Step 7: Prioritize your debts and raise your credit score