How to Make a Budget to be Debtfree

Getting control of your money is probably the most important financial principle for becoming debt free. Whether you earn $2,000 or $20,000 per month, it's critical to know where your money is going and whether you are spending more than you earn each month (monthly deficit) or less than you earn each month (monthly surplus).

In order to take advantage of the various accelerated debt elimination techniques, you have to get a monthly surplus first.

There are many budgeting software programs and even online budgeting systems you can use. But the basic principle involves listing your monthly income and expenses and adjusting monthly spending so that you have money left over each month to apply toward your debt elimination plan.

Your budget or spending plan is an important tool for managing your debt and improving your credit.

Here is a great eBook that covers budgeting basics and has great tools and resources to help your family budget wisely.  Fill out the form below for your FREE download:

› How to Make a Budget