Get Out of Debt in 6 Easy Steps + 4 Rules to Make Your Best Choice!

Let's not fool ourselves. If you are in debt and paying interest, then you're already a slave to debt. The real question is this: What's YOUR best choice to get out of debt? Here's a quick game plan to help you make your best choice to be debt free ASAP... Hint: You can use these "choice-making" tools to make the best choices in any area of your life, not just choosing your best option for debt relief.

OK, here it is:

Six-Steps to Making Your Best Choice:

1) What are your goals? Write them down.

2) What are your options? Identify all options available from unbiased sources.

3) What are the consequences and probabilities (positive & negative) of each option?

4) Evaluate your options: How do the consequences and probabilities of each option look and feel in light of your goal(s).

5) Mitigate risks. How can you mitigate any negative consequences to reduce the likeliness of this happening? How can you expand on the positive consequences and increase their likeliness of happening? Is the long term benefit greater than the reward? Is the option worth doing in light of your goal(s)?

6) Resolve inside yourself which choice produces the results that benefit you most in the long-term in light of your goal(s). Make your choice, and take massive action!

If you're reading this, and you're in debt right now, then you may relate to these four top reasons why people stay enslaved to debt for so long before making a better choice...

Four Reasons Why People Put Off Making Important Choices:

1) Fear.

Many people are afraid of failure or making the wrong choice. Remember, however, the only failure is failing to choose -- putting off what you know you inevitably need to do. The hardest part is always making the choice because once the choice is made, the rest is easy. We need to let go of our fear and make a choice even if it's the wrong one.

2) Uncertainty about what the choice is going to mean.

Most of us have an illusion that choices are based on certainty. The truth is that choices must be made based on the greatest probability. If you wait until you're certain to make a decision, it will be too late. This is why leaders are paid to make the tough decisions.

3) People have weak choice-making muscles.

The way to get good at making choices is to make more of them. Then, if you make the wrong ones, you'll learn more quickly and you can use what you've learned to make better choices in the future.

4) People feel overwhelmed.

In today's society, we all experience a constant deluge of information -- it's on our emails, our voice mail, our cell phones, our fax machines. And we are constantly pressured to make choices based on information that surrounds us. Often, we simply don't know where to start. We need a system for making choices that causes us to focus on our goals and produce the results that benefit us most in the long-term.

Four Rules For Making Your Best Choices:

1) All important (or difficult) choices must be made on paper. Do not do it in your head! This causes a "Looping Process' making choice-making difficult to impossible.

2) Know what you want and why you want it. The most important step in all choice making is to be clear about what you want (your goal) and why you want it (your purpose). What do you really want? Why is it important to you? How will you know when you've achieved your goal? How will you measure it?

3) Remember, choices are made based on probability. Rarely will you have the luxury of absolute certainty. All decision making carries some positive or negative consequence - that's its power. However, failing to make a timely and intelligent decision can lead to severe negative consequences.

4) All decision making is Value Clarification. Often, you will have several goals you want to achieve simultaneously. Therefore you must be clear about the order of importance of all these goals. Write the goals out, then number them in order of importance

Use these tools to set yourself free from slavery to debt and avoid living in a virtual debtor's prison.