how to pay my debt off

(this is how you pay your debt off, full story continued..)

Here are a few easy steps i took to pay my debt off fast:

Here is my personal trick for Credit Cards:

TAKE ALL YOUR PAY, ALL OF IT, and
make a payement on your credit card.

Here is why: lets say you own 5000$ and your pay is 500$.
Lets say monthly interest is 20% and your minimum payment is 100$.
It will take 109 months to pay.

If you pay 500$, you just reduced your debt, and you owe 4500$, so your minimum payment goes dramatically DOWN, and the 20% interest is now calculated from 4500$ not 5000$.

Now you need to make groceries, and pay your cellphone, PAY IT WITH YOUR CREDIT CARD.
eventually , you will realize how much LESS you spend for useless things.
PLUS the amount owed has no time to grow as fast, because the interest is smaller.

CREDIT CARD COMPANIES, want you to think its okay to pay the minimum, so 30 day passes, and they calculate and ADD the interest to the total amount owed.

If they calculate it off of a smaller amount, your the interest amount will be considerably SMALLER !

Another trick is to SNOW BALL your debts as explained here: http://en.wikipedia.org/wiki/Debt-snowball_method

Or be creative, in our world, we are conditioned and brought up to pay minimum payments, get things now, pay them way later, etc. THINK OUTSIDE THE BOX !

A very good example is : www.paymydebtoff.com/

Its do-able people ! just do NOT do what the media, and big companies want you to do, and you will be able to pay off debts fast !! 

By the way, happy early valentines day <3

-A.