Do you ever think about what a life without debt would be like? How would you manage with out credit cards, with a paid off mortgage and without any debts at all? How would you deal with hiring a car, booking a hotel room or buying tickets to a concert?

When the financial worries of the global economy continues to be foremost on our TV news each day, it can become really worrying. The recession is continuously blamed for many jobs losses, family homes being foreclosed on, businesses crumbling and people are becoming more and more stressed. The share market has already claimed many victims and for those of you who lost money or life savings there, then you already know what it feels like.

Are you sick of thinking negatively? It only makes our stress greater and drains our energy. How about some positive energy. What can we do? How would it feel if you made a goal to start today living without debt? Would that give you something positive to get stuck into? Would you know how to begin? If not, I can help you with some good ideas

Get rid of the credit cards right now. Check out the banks to see what is the best and cheapest debit card you can find. Debit cards do not put you in debt. You are only able to draw on the money in your account. Bank account empty, debit card charge won’t go through. Yes you can use debit cards to pay for your rental car and to book your hotel and they also work at the shops too.

Yes I know you still owe lots of money on your credit cards, its time now to start paying them off. The quickest way to do that is, pay the minimum amount owing on all the cards except for the one with the lowest amount owing. That one you need to pay extra, as much as possible above the minimum. Do this until you have paid the credit card off. Now add the money you have been paying off this card to the minimum on the next lowest balance owing card and pay that one off. Keep doing this till all your credit cards are paid off completely.

Make a plan and stick to it. Have the whole family help to create a budget. When shopping pay only by cash or debit card. Start an emergency fund, and save for future purchases.

What a treat you are giving to yourself. Your life without debt will be remarkable. You will be able to feel secure no matter what the financial markets are doing. You will live a life with far less stress, therefore you will be healthier. You will be peaceful, and never have to worry about being in debt again.