Learning about debt and how to pay it off.

I am doing some research on debt and how to pay it off. Because after all education is the key to any successful adventure right.

I am reading Debt Free Forever by Gail Vaz Oxlade. You can find it at Amazon. I am only reviewing this book for myself and you. I am about 1/2 way through and Gail is very informative.  The hardest part is reading about adding up your debt and taking a good hard look at it. And yes it's hard. Crazy hard. I kid you not doing this just is something that my mind keeps putting up roadblocks. So I started with 2 bills. Electric and my cable. I owe back payments on both. But these are my smallest bills so I am going to start there. I want them paid in the next 3 months. After doing all the math I got a realistic view of how much I will need. It is not going to be easy but I have a goal and a starting point. I will have to work over my budget so I can make my goal but at this point I need to find some success.

Reading Gail's tips on evaluating your debt and take a good hard look at it. Doing some simple math she has made me see that yes it may be possible to get out of debt. But it is not going to happen over night. As much as I would love to have this happen its not. And I need to face that reality.

My long term goal is to get my small debt paid off and then work on the student loans as I wait and watch and read what is going on in the Government and the special interest groups on Student Debt. I realize that even if the possibility of forgiveness is out there. It will not happen in the next few months and it may not happen in the next year. So until then I have to do what I can to work toward start paying it off anyways.

Student debt is big and bad. I run into people everyday who has this debt. We got there because of a dream for a better way of life. Only that dream was turned upside down and was messed up. Life is odd that way.