Updated: Jul 12, 2021
Knowing exactly where your money is going is the first step that allows you to get a grip on how you will pay off your debt. Once you know what you can cut and do without, then you can apply that money to pay off your debt. You probably have numerous monthly subscriptions you can do without. And how much is that TV, internet, and cable bill? The sooner you get started the sooner those nasty collection agencies stop calling. Do it for your future, family, and friends. And most of all do it for yourself. It's a beautiful thing to wake up each morning without dreading the day ahead. You can do this!