| Having a house payment can be very stressful. Many | | | | eating out as much? Maybe you could take your lunch |
| people wish that they could find a way to pay off their | | | | to work a few days a week. Use any extra money |
| mortgage earlier. It can seem like an impossible task, | | | | that you save to start paying off your bills. |
| but there is a way to pay off your mortgage much | | | | 5. Let's get rid of those credit cards! |
| earlier than you might think. What is the secret? Find | | | | First, make a list of all of your debts. It's usually best to |
| out how by using this successful plan to pay off a | | | | start paying down on one credit card at a time. After |
| mortgage faster. | | | | you finish the first one, then move on to the rest. The |
| 1. Avoid using credit cards. | | | | key is to focus. It's much easier to see success if you |
| In order to get out of debt, you can't keep racking it up. | | | | focus all of your efforts on eliminating one debt at a |
| You must stop the financial bleeding. Credit cards | | | | time. |
| cause money to leak out of your life. Do yourself a | | | | 6. Now, let's go after the car payment! |
| favor and avoid them for everyday expenses. | | | | After all of your credit cards have been paid, you |
| 2. Pay cash and live within your means. | | | | should see a lot of money coming in each month. Think |
| If you're not able to pay cash, then you probably can't | | | | about it. If you have paid off credit cards with minimum |
| afford it anyway. Again, we need to stop digging the | | | | payments of $30, $50, and $70 a month, then you |
| hole deeper and start climbing out of the debt trap. | | | | have an extra $150 coming in each month! Now take |
| 3. Make note of your everyday expenses. | | | | that money and start paying down your car. |
| In order to pay off debt, you'll need to come up with an | | | | 7. Once your car loan has been paid, then let's start |
| extra amount of money each month. The best way to | | | | attacking the house payment! |
| find this money is to keep track of your everyday | | | | At this point, you will have hundreds of dollars in extra |
| expenses. So for the next 30 days, carry a small | | | | money each month since your credit cards and cars |
| pocket notebook with you and write down everything | | | | are now paid. Now, start taking this extra money and |
| that you spend money on, especially the cash | | | | attack your mortgage! You'll be making extra principal |
| transactions. Then, at the end of the month, you'll have | | | | payments. If you're not sure how to do this, then ask |
| a pretty good idea of where your money is going. It | | | | your mortgage company. This will allow you to pay off |
| may take a little effort at first, but it only takes 30 days | | | | your mortgage faster than normal. |
| and it will pay off many times over. | | | | Now how would it feel to go to your mailbox, and not |
| 4. After you have a good idea where most of your | | | | have a big mortgage payment waiting for you? That's |
| money is going, find ways to eliminate expenses in | | | | what many people are experiencing after using this |
| your life. For example, could you save money by not | | | | proven plan. |