Here is an outline of what I recommend if debt is a problem. First, establish a spending plan (see The Spending Plan) that takes care of your needs. Once that is done with great care, it is time to address your creditors and set a plan to retire the debt. First, make a list of all your creditors and note down how much you owe each of them. Total them all up. Then assign what percentage of the total each one of them is. That will be the percentage of the total amount you have

Excerpt from The Money Trap... Billy's Story...a pretty stark example of how overspending is not about earning enough. Billy owns a small but hugely profitable company that he built from the ground up. But no matter how much the company earns, Billy spends more. He is afflicted with what his friend called, "fabulosity." There don't seem to be enough luxury goods in the world for Billy. No amount fills him up. Although he has a Merceds and a Range Rover, he became obsessed wit