How to Make Room in Your Budget to Knock Out Debt

Because most of your regular income goes to paying for living expenses, there’s often no room in your budget to pay off debt. At least that’s the way appears on the surface. Most of us can cut or eliminate various expenses that will provide the ability to pay off debt.

When you actually take a close look at how and where you spend your money, it can often become obvious that there’s room to cut.

1. Put an immediate stop to all discretionary spending.

There isn’t much you can do about your basic...