Keeping up with the Joneses adds much unnecessary stress (and debt) to your life and people that judge you by your possessions are not your friends.
One of the best things you can do when you are trying to eliminate debt is to review your spending habits. Here is a list of common places where people may be spending unnecessarily.
By carefully reviewing medical bills and insurance statements, you can avoid paying lots of extra unnecessary costs.
Most people over use credit cards and under pay them. This puts you deeper into debt, you will have less cash available, which in turn makes you more likely to use your credit cards. It’s an evil cycle you and end up spending much more.
The first part of getting out of debt and enjoying financial freedom is knowing how much money you have to spend.