Getting out of debt is all about honing your methods in saving money at the same time finding better ways to earn more efficiently. As you gain momentum in your fight for a debt-free life, you need to keep in mind one word – sustain.
Sustaining the debt free campaign
In sustaining the effort for freedom from debt you need to stay focused. You need to motivate yourself every day and you need to have a positive disposition towards your financial life. See the end of your efforts clearly in your mind.
Tracing all expenses and income to the last centavo
Trace all your expenses and income to the last penny. This can be a challenging task but you can get used to it. Recording your spending and your earnings will give you a better view of your finances. Knowledge is power. Understand your spending habits and find areas that you can still improve.