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10 Ways To Become Debt-Free Quickly

10 Ways To Become Debt-Free Quickly

Do you want to become debt-free? In the current economy, American consumers owe $11.74 trillion in debt. While debt is common, it is very stressful and can put your whole life on hold. However, there are ways to help yourself get out of debt that are easy to keep to.

Check out 10 easy ways to become debt-free.

1. Pay Off High-Interest Debt First

Getting out of debt is hard – and even harder if your debts have high interest. Try to pay off your high interest debts first, as this makes your debt slightly cheaper in the long run; if you are paying $50 interest a month on one credit card, and $30 on another, paying off the first will make it easier to save and pay off your other debt.

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2. Look At Your Income And Expenses

Take a good look at your income and outgoings. Write down how much you make a month, and all of your outgoing expenses; rent, bills, travel, food, entertainments and little treats. You may be surprised to see how much you actually spend on things you could live without.

Doing this will show you how much money you have after your expenses to pay off debt, and it is a great way to show you what you are already spending too much on.

3. Create A Budget And Payback Strategy – And Stick To It

Once you’ve looked over your income and expenses, you can focus on creating a budget that pays off a set amount of your debt every month. For instance, if you earn $2,000 a month and you spend $1,500 on life expenses, you can pay off $500 of debt every month.

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A good way to stick to this is to pretend you earn $1,500 a month – that way it doesn’t feel like you are losing anything.

4. Get Rid Of One Luxury

Everyone enjoys a treat, whether you enjoy a daily coffee or subscriptions to your favorite magazines.

Work out one treat that you could live without, and cut it out. As you still have most of your treats, this should be easy to stick to. For instance, if you stop buying a daily coffee at work for $3, you save $15 dollars a week – and $60 a month.

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5. Consider Maximizing Your Salary

If you earn more, it will be easier for you to pay off your debt in quicker time. You could take on a second job, but if you don’t there are many other ways to earn a little extra; the amount of home owners in the United Kingdom taking on lodgers has doubled in recent years. Other options include selling on eBay, babysitting or freelancing.

6. Make More Than You Spend

Many people struggle to save, and can end up spending more than they own. Recent studies reveal that in 2010, 73% of Americans spent less than they earned, but by 2012 that number had fallen to 66%. Many people struggle with this problem, so make sure you know every month that you made more money than you spent.

7. Improve Your Credit Score

Improving your credit score is a great way to ease your debt, and work on paying off other debts. As your credits score improves, the interest rates you pay become lower. For instance, your interest monthly payments could sink by $20, saving you $240 a year. You can improve your credit score by paying your bills on time and not opening other credit accounts.

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8. Anything You Don’t Spend, Save

If you have money left over at the month, don’t treat yourself to a new handbag – treat yourself by reducing your debt a little further. Thinking this way will make you debt-free faster, getting you back to a financial situation you are happy with.

9. Be Disciplined

Try to avoid borrowing any more money or taking on any more debts until you have repaid what you already owe. This can often cause people to become disheartened, which could result in them losing their motivation and not keeping up to their re-payments.

Stick to your budget, and think about if you actually need to get in more debt – what is the money for? Is it essential?

10. Stop Thinking About It

Don’t spend every day obsessing over your repayment plans and budget – this can stress you out and make you feel like you are not in control of your debt. However once you have a payment plan in place, you can stop thinking about it and start just paying it. You are chipping away at your debt every day, so relax and try not to think about it. Good luck!

Featured photo credit: Imcreator.com via imcreator.com

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Amy Johnson

Amy is a writer who blogs about relationships and lifestyle advice.

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Last Updated on February 11, 2021

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Imagine receiving a regular supply of free samples through your letterbox?

These free samples by mail could include things such as cleaning products, cosmetics and packaged food.

Free samples are a great way to try out some of the latest products. One week you may have a new toothpaste to try – the next week you may be snacking on a delicious chocolate cookie sample.

As the saying goes, variety is the spice of life. And by requesting free samples by mail (I’ll show you how shortly), you’ll have not just variety – but fun too!

Tell Me More About Getting Free Samples Sent to My Door!

So, it looks like I’ve caught your interest. That’s great news!

Just before I introduce you to 10 places where you can get free samples by mail, let me clarify a couple of things.

Firstly, all the places I’ll talk about are currently active in sending out free samples to consumers. (In other words, no links to out-of-date or dead pages!)

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Secondly, location is key. If you live in North America, then you’ll have a wide selection of places to sign up to. In other locations (for example, Africa, Asia and Europe), you’ll have fewer choices – but free samples by mail are still a possibility.

Lastly, to whet your appetite for the freebies, here’s a short list of product examples:

  • Pet food.
  • Beauty products.
  • T-shirts.
  • Greeting cards.
  • Wallets.
  • Snack bars.
  • Vitamins.

Free Samples by Mail… Tell Me Where to Get Them!

It’s now time to share my recommendations for the best sites to claim free samples from.

Let’s start with…

#1 SampleSource

    This company sends out boxes of 6-12 free samples about four times a year. Products include baby wipes, cereals and tissues. Register with SampleSource to be notified of the availability of their free samples. (Canada and U.S. only.)

    #2 Influenster

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      As their name suggests, Influenster wants to send free samples to you in exchange for you sharing about the products on your social media accounts. Once you’ve become a member (join for free!), they’ll send you a box of free goodies every few months. The more you share pictures and reviews of the products – the more free samples they’ll send you! (All major territories.)

      #3 PINCHme

        This organization will send you free samples in the hope that you’ll then go out and buy the equivalent full-size products. To receive regular boxes of free food, drink and cosmetic samples (and sometimes coupons), then sign up and create your profile. (U.S. only.)

        #4 House Party

          Thinking of throwing a house party? If yes, then be sure to sign up with this company. They’ll send you a box of ‘themed’ products and services that you can hand out at your party. Register with House Party. Wait for the fun freebies to be mailed to you. And then start sending out your party invites! (Worldwide.)

          #5 YoFreeSamples

            This site is a great resource for a whole host of free samples that can be mailed directly to your door (with no survey requirements!). You’ll find anything from books to perfume, with new offers listed daily. Head over to their site to see what’s currently available. (Mostly U.S., with occasional offers for other countries.)

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            #6 Magic Freebies

              The U.K.’s most popular freebie site. Register for their email newsletter, and they’ll send you a daily email with eight free sample offers. These include products such as disposable razors, dog bowls, and even fake tan! So, what are you waiting for? (U.K. only.)

              #7 SweetFreeStuff

                Since 2002, this simple site has been linking to the best free sample offers currently available. To get started, sign up to their daily email newsletter, which contains links to the latest offers. As well as free samples, SweetFreeStuff also gives information on coupons and deals. (Worldwide.)

                #8 Sample A Day

                  Would you like to receive a notification of a new free sample every day? Well, that’s the promise from this site. They claim to thoroughly research all offers, ensuring there are no catches or hidden surveys! From baby products to socks, this site is sure to have something for you. Registration is super-easy. Simply enter your email address. (Australia, Canada, U.K. and U.S. only.)

                  #9 Pretty Thrifty

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                    This site specializes in free beauty products, but also lets you claim free samples such as energy drinks, snack bars, and even magazine subscriptions. Pretty Thrifty has more than 85,000 followers on social media, so clearly knows how to attract free sample hunters. One thing that makes Pretty Thrifty stand out from most of their competitors, is that their email newsletter is available in daily, weekly and monthly formats. (Mostly U.S., with occasional offers for other countries.)

                    #10 CrazyFree

                      My final tip for getting the best free samples by mail, is Australian company CrazyFree. Their funky website offers big brand free sample offers, which currently include items such as Dolce & Gabbana perfume, Coke Zero, and Happy Dog pet food. To claim the offers, select the free samples you would like, and then complete their registration form. (Australia, U.K. and U.S. only.)

                      Receiving regular free samples by mail is a fabulous way of testing out the latest products on the market (and some that aren’t even on the market yet!)

                      You’ll impress your friends and family with all the free stuff you’ll be receiving. And take it from me… it’s a fun, free and rewarding hobby.

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