debt

7 savvy steps to escape the credit grid

Living off the credit grid
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Living off the credit grid

It's not easy to go debt-free and live on cash alone.

But if living off the credit grid sounds like the lifestyle for you, here are some tips on how to get there.

Keep in mind, it may take a significant investment of time and trouble, and you'll be sacrificing some creature comforts along the way, says Elissa Burton, a financial planner with Francis Financial in New York.

These seven steps will help you escape the credit grid and live without debt.


 

 

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Debt Adviser

Don't be seduced by this debt plan

Dear Debt Adviser, I have about $50,000 of debt on credit cards. My credit rating is still high. I am thinking about a debt consolidation loan. Will that adversely affect my credit rating? -- DT Dear DT, The cliche... Read more

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