Personal debt is becoming an increasing problem in this country. More and more families are finding themselves falling deeper and deeper into debt. This vicious cycle will continue unless you take purposeful action to control and reduce your debt.

The first step (and most important) is to acknowledge that you do have debt issues. This may sound obvious but most people find it easier to ignore their problems and continue down the slippery slope called debt. Start by acknowledging your debt problems and make a promise to yourself to address them head-on. With this commitment to change, you have taking the most important step towards getting out of debt.

The next step is to catalog all your debt. Write down every credit card, loan, etc. along with the owed balance onto a single piece of paper. You need to know what you owe and to whom so that you can get the