How I did it: The way i did it was through some serious budgeting. I gave myself £40 a week for spending money and that was all I took out of the ATM. All of my bills were factored in at the beginning of the month and everything left, I paid down my debts in interest order (the snowball method). I didn't really notice at first, but soon my debts disappeared. Brilliant!

Lessons & tips: Give yourself a reasonable amount of money to spend and only draw it out once a week. Once your out of cash in your wallet - that's it! Oh, and don't carry any cards - pay for everything in cash.

Resources: www.getrichslowly.com
A budget!

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Jun 06, 2009, 12:49PM PDT | 0 comments | 1 cheer