1. Tracking. With the help of online trackers, you will have a complete grasp on which expenses to cut,or how much money you should save to pay off your debt as scheduled.
2. Curbing. Once you have tracked your spending, it is time to identify the expenses that can be curbed. For instance, instead of paying cable TV services, you can switch to republic wireless which can cut your monthly phone bills by as much as 66%. That can translate to at least $200 in savings per month. Any amount you save as a result of curbing your expenses should be used to pay off any existing debt.