The US cannot keep borrowing just like you cannot keep...

No matter what's happening in Washington these days one thing is for certain. The government cannot keep borrowing money just like you cannot keep borrowing money.

At some point you've got to pay it back. And, if you are expecting the government to bail you out I've got some ocean front property to sell you in Yuma Arizona.

Ironically there are 3 steps to getting out of debt now and the first step is the most difficult.

Step 1: quit borrowing
Step 2: begin paying off debt
Step 3: operate cash only debt free

The reason the first step is the most difficult is because we have trained ourselves to use credit cards to pay for everything. There's a belief when we use credit cards we won't have to pay them back. Sometimes we even feel richer when we use credit cards.

Try this experiment. Take a $20 dollar bill and a credit card. Which one is more difficult to use when paying for an item? If you're like most the twenty dollar bill is the hardest to spend because we feel it immediately. The credit card, however, is easier because we don't seem to feel the pain when we spend it.

Once you get used to using cash instead of plastic you'll be 90% of the way towards debt free living.

You'll feel better once you begin to pay cash again for items, gas, food, and everything else. You'll even discover you spend less money because there is infinitely more pain when spending real dollars.

Begin today to get out of debt and live debt free. It all begins with the elimination of plastic and a cash is king mindset.

To Debt Free Living

David