Episode 021 – Debt Reduction Ideas Part 1




Prepping 101 show

Summary: Debt is a big component of becoming more self reliant.  Those with lower debt loads are able to ride out financial storms better.  One of the guiding philosophies of Prepping 101 is getting out of debt.  Today in part 1 I go over some initial ideas and mental adjustments you can make to rid yourself of the financial cancer that is debt.     Join me today as I discuss - Why have you decided to get out of debt? How do you start to think like a debt free person? Changing yourself to become debt free. Make a budget. Track every dime you spend you will be amazed Stop using credit cards Use cash Start an emergency fund Watch you entertainment budget. Stay tuned for part 2 next week.  Don't forget to follow me on facebook and twitter.  Send me an email with any questions, comments or show ideas at ric@prepping101.com