Eliminating Your Debt
Quickly, Easily

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"The Simple Man's Guide to Real Estate" doesn't just include training materials for investing. It also includes a ton of other helpful material, including a credit restoration manual and strategies for reducing - even eliminating - debt. This debt reduction strategy is one of the best, and simplest. Give it a try, and if you stick to it, you will be out of debt quickly.

Too much debt makes everything a lot more difficult. This simple plan to reduce debt or even eliminate debt will make everything else in life simpler and less stressful. That, in turn will have a positive effect on relationships with family, friends and associates. Just remember - once you reduce or eliminate your debt, do not use that as an excuse to dig another hole for yourself.

First, list all your debts, from the smallest to the largest. Now, do whatever you must to completely pay off the smallest. Hold a yard sale, get a second job - whatever. Just get that smallest debt paid off as quickly as possible.

Now you have a little "extra" cash each month - the amount you would have paid on that debt. Combine that amount with the amount you normally pay on the next smallest debt, to pay that one off more quickly. That debt, too, will soon be paid.

Now take both payment amounts from the two debts you have paid off and combine with the payment for the next smallest debt. Again, by applying so much more to it - all three payments - this debt will also be paid off quickly.

Continue doing this until all debts are completely paid off. In some cases, people have used this to even pay off their mortgage in record time.

Simple - but you do have to commit yourself to following through. Do not be tempted to spend that extra money on anything other than to reduce your debt.

Good luck, and let us know how this works for you.

IntelliBiz Staff
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