Wouldn’t it be nice to live a life without worries? Wouldn’t you prefer to be able to freely spend all your paycheck? We all have to deal with debt, even financial experts are getting debts because it will help them build good ratings, hence, making it easier for them to borrow more money. The problem starts when your debt goes out of hand. This article will show you five easy steps that will help you avoid the problems brought by mountains of debts.

-Burger King, KFC, McDonald’s and Subway. What do these names have in common? They are one of the most common causes of debt. Eating outside seemed fine at first, but did you know that you can save as much as $9,600 every year if you are spending $200 every week for these restaurants? The bottom line is, if you are dealing with great debt, NEVER EAT OUTSIDE!

-If you would like to save a lot of money when shopping for clothes, try to visit malls when the prices are sold for almost nothing. This usually occurs during late December, when malls are clearing their storage in preparation for the next year.

-Swap services with your neighbors and friends. This will not only help you save a lot of money, but will also help you have an extra amount to pay off your debt.

-When we are buying items with big amounts, we tend to pay them using credit cards because we think that the zero interest rate is better than paying it cash. If you are going to buy items with high price tags, it will be better if you save and pay for it cash. This will help you save 10$-20% compared to paying for it monthly.

-Start another source of income. You can do this by having a second job or by starting a small business. You can also clean your closet and start a garage sale that will help you pay off a fraction of your debt.

If you are serious about having a debt-free life, always follow these steps. This will not only help you save a lot of money, but will also help you minimize or even eliminate the debt that has been haunting you since finishing college.