Living Debt Free is a great life goal. But how can it work in today’s society when it seems like mortgage payments, car loans, student loans and credit cards are the norm and use of these debt tools make it incredibly easy to live beyond your means? Linked below are two great articles about 5 steps each person can take to regain control and become debt free.
The first article is from our national Living on the Cheap site, titled “5 steps to confronting debt and getting ahead” posted by Greg Johnson of Club Thrifty. Debt forced Greg to work longer and harder at his job to be able to pay for things he couldn’t afford. Instead of destroying his paycheck and his dreams, Greg explains the 5 steps he used to get ahead.
The second article is from The Minimalists’ Web site, “Financial Freedom: 5 Difficult Steps to Get Out of Debt, Create a Simple Budget, Plan for the Future and Regain Control of Your Finances.” Joshua Fields Millburn and Ryan Necodemus are the Minimalists who quit their six-figure jobs to live a simple, debt free lifestyle. They took back control of their lives using the 5 principles they outline in this article and in which they continue to follow today to ensure they will never struggle with money again.