Help getting out of credit card debt fast without debt consolidation loan – Honest debt advice to become debt free

Are you one of the millions of Americans out there that are struggling in debt? Is your debt load so heavy that you are finding it difficult to pay your monthly installments on your credit cards?  Well you are not fighting this battle alone. Some credit card companies use a wide variety of tactics in order to keep you in debt for life.
Just because you are in debt now doesn’t mean that you have to stay there. There is a why out of the deep hole that you have dug yourself into. Now, it is understandable that sometimes we lose our income or a portion of our income and use debt to pay for our basic bills.  Here are the steps that you need to take in order to get out of debt fast.
1.   Stop spending money. Chances are that you may be a big spender and simply can’t resist an after the holiday sale of going out to eat every night. Cut all of your discretionary spending.
2.   Learn the difference between a need and a want. As Americans, many of us have developed an entitlement mentality and believe that we deserve everything. If its not necessary to support life then chances are it is a want.
3.   Downsize. Move into a smaller apartment. Sell your car and buy a cheap used one. Buy food for your fridge and make meals. Sell off all of your junk – Jet skis, motorcycles, electronics, etc.
4.   Start paying off your debt now. Now that you have plugged all of your financial leaks start paying off that debt. Start with the highest interest credit card and work your way down.
5.   Once you have your debt paid off maintain a modest lifestyle. Don’t go out and make the same mistake again. It is ok to spend money once and a while but don’t make it a habit.
These may seem like difficult steps to take but it is the reality of what it takes to pay off your heavy credit card debt load. If you are not willing to make sacrifices in your lifestyle you will be forever bogged down in credit card debt.