Step #10:
Nix Credit For Good!

After all is said and done, what’s the four-letter word that needs to ALWAYS be part of your debt-dashing mantra? That’s right: C-A-S-H. Don’t leave home without it.

Seriously, once you’re on solid ground financially, you should never need the plastic — or any other type of credit — ever again. Now that you’ve completed your budget, you should know how much of the green stuff you need each week. Simply withdraw what you need and pay for everything in cash.

You’ll save more and spend less. What better way to ensure you’ll always live a debt-free life?

More on saving, investing and reducing your spending:

• 5 Safe Places to Stash Your Cash
• Where to Invest NOW
• Save Those Greenbacks ... by Going Green