Getting out of debt is a big deal. It takes time and energy to get out of debt. The good news, it is possible. When you sit down to think about how you will get out of debt, you’re probably wondering what tools you will need. I wanted to outline at least 8 things you will need to help you get out of debt. #1. A Plan The most important thing you will need when you are trying to get out of debt is a plan. Don’t ever try to attempt to get out of debt without a plan of some sort. #2. Extra Money Another thing you will need when you get out of debt is extra money. Most people have a budget that is already tapped, which is why trying to make extra money is important. #3. Lots of Patience It’s always easy to wish for something, but it is much harder to get out there and work for something that you want. When trying to get out of debt, you will need lots of patience. #4. Communication Whether it is communication with your spouse or with the debt you’re … [Read more...]