Set Your Goals

Parents (USA) - - Mom -

PUT MONEY TO­WARD DEBT EVERY WEEK. Break your big goal into a few doable pieces so you don’t just give up,

says Kara Stevens, a blog­ger at The­fru­galfem­i­nista.com. Sup­pose you are try­ing to pay down $6,000 in credit-card debt in six months. That means you need to pay $1,000 a month, or $250 a week.

PAY IN CASH. You know you can’t get out of debt if you keep rack­ing up more. “We cut up every card ex­cept one and put that one in a block of ice in the freezer,” says Ar­carese. “If we had an emer­gency, we knew we could chip through the ice to get it.”

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