Welcome to the Debt Diet eCourse. This five-week course will take you using debt to satisfy your wants and needs to getting started with a get-out-of-debt plan. You won't pay off your debt five weeks, but you'll have a foundation in place to get rid of your debt for good.
Eliminate the Need for Debt
You may already have these financial basics in order. If that's the case, then this lesson is just a refresher. For everyone else, you'll learn some very important financial lessons that can keep you debt free for life.
Of course, you feel some of the side effects of having too much debt. But, do you know the real reasons that debt is bad for you? You may be surprised to find out.
If you want to get your debt under control, you need to have more wiggle room in your budget. Living paycheck to paycheck is a dangerous habit that can lead to financial disaster if you're not careful.
Living within your means is one of the financial habits recommended in nearly every "How to Get Rich" type of books. It's also a vital part of your debt diet. You must bring your spending within your income to get out of debt for good.
Not everyone winds up in debt because they were frivolous spenders. Some people get into debt because of one major financial disaster that could have been funded with an emergency fund rather than a credit card or loan. Here's why an emergency fund is so important.
Taking the time to set up a budget for your finances will be the difference between a successful debt diet and an unsuccessful one. You need a budget to help keep your spending in control and to help you pay off your debt.