How to get out of debt — using the Get Rich Slowly formula

Debt – more Americans are plagued by it than ever in history. A recent study showed that Americans are experiencing more stress because of it. It has always been wise to avoid debt and to pay it down. In the past few decades that wisdom has been lost in a world where debt was too easy to build and too difficult to reduce.
Things have changed. A major “recession” is upon us. Banks are failing. People are drowning in debt and losing their home, jobs and lives in the process. It does not have to be that way. We are all in control of how we spend our money – it is only a matter of being smart about it. One of the best guides I’ve seen on how to reduce and eliminate debt comes from the Get Rich Slowly website. The link is below. Check it out. If all Americans followed this advice the nation would be in peak financial health. Only the government would continue to spend recklessly and plunge itself into debt beyond reason.
This is the last of three entries on the blog about useful information from the Get Rich Slowly site. We will let you know when other things of interest appear there. It is a gem – bookmark it and use its wise advice. I do.
Wishing you Success and Prosperity,

Daniel R. Murphy

Wishing you well,

Daniel R. Murphy
Educating people for building wealth, adapting to a changing future and personal development.