1st step to being debt free

To be debt free one has to rid of bad debt. What is bad debt? Credit card debt is bad debt. We use credit card for our expense and there is money spent - money gone forever.

I am not suggesting that you cut up your credit card. Reduce your use of the credit card, use cash. If you are prone to spend money online then use a debit card. This will help to only spend what you already have in your bank account. These are effective steps that I've taken to help me reduced my debt.

Yes, number one is to rid off high interest rate credit card debt. Remember, the faster you settle your credit card payment, the lesser you pay interest. You do not want to be "enslaved by the bank". Do you?