I’m going to go out on a limb, and guess that many of my readers (and many people in general) have created resolutions involving money, and that one of the more popular resolutions is debt elimination.  It’s certainly top on my list, after all, and if I’m doing it, I can only guess that plenty of other people have the same idea.

Of course, it’s one thing to set a goal, it’s a whole other thing to achieve that goal.  That’s why an important part of creating a resolution, or really, any goal, is to figure out the steps to use for completing that resolution.  So today, given my resolution for this new year, I’m going to look at these:

8 Strategies to Eliminate Debt

Before we get into the finer points of eliminating debts, let’s take a moment to clarify what we mean by ‘eliminating debts’.  We’re talking about the complete removal of a debt, so that you no longer owe that money to anyone.  This means no paying off one debt with another (transferring credit card debt to a new card, for instance) or consolidating your debts into one.  These methods have their purpose, allowing you to cut your interest rates and/or decrease the number of debts that you have (both of which are useful techniques), but if you have the same amount of debt afterwards, it’s not really ‘eliminating’ debt.  With that out of the way, when paying down debt, be sure to:
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