Saving, Managing Debt, and Budgeting
What is the second most important step to getting out of debt?
The second step is to save this money you used to pay off loans and credit cards, and to pay special attention not to take on any more debt going forward. In other words, take the money you used to pay for your monthly credit card bill or car loan, and put it directly into a savings account, spending nothing on your credit card going forward. And remember to pay yourself first.