My next five posts will be a five step process for getting and staying out of debt. I am trying to follow this process right now, and I am currently still in involved in steps 2,3, and 4. Here are the five steps to getting out of debt and staying out of debt.
1. Save $1,000 for a small emergency fund
2. List your Debts Smallest to Largest and attack one debt at a time.
3. Get on a written budget.
4. Find creative ways to boost your income.
5. Create an emergency fund of 3 to 6 months worth of expenses.