Comments on: Want to consolidate debt? http://www.dorm-room-biz.com/2008/06/19/want-to-consolidate-debt/ Helping Young Entrepreneurs Grow Fri, 30 Dec 2011 20:10:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike Michalowicz http://www.dorm-room-biz.com/2008/06/19/want-to-consolidate-debt/comment-page-1/#comment-11411 Mike Michalowicz Thu, 19 Jun 2008 13:44:14 +0000 http://www.dorm-room-biz.com/?p=425#comment-11411 The two greatest tips you list are: 1. "start spending less to start off" 2. "cut up your credit cards" The third... actually do it! When I started my second company I buried myself in debt to grow it. Tough lesson to learn. Now I consistently spend less than I make and have years of saving. Live within your means and you will be financially secure and happy. Unfortunately most people live beyond their means and are a financial wreck and constantly stressed. The two greatest tips you list are:

1. “start spending less to start off”
2. “cut up your credit cards”

The third… actually do it!

When I started my second company I buried myself in debt to grow it. Tough lesson to learn. Now I consistently spend less than I make and have years of saving. Live within your means and you will be financially secure and happy. Unfortunately most people live beyond their means and are a financial wreck and constantly stressed.

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