Just like any diet there are claims of a miracle pill or a revolutionary product that will get you to lose weight.

Oprah's Debt Diet is a great place to start if you haven't already reviewed your debt health or planned the best way to pay off your debt.

What I like about the program is #1 it is free! When you begin the program you understand your spending habits and learn ways to save, applying remaining cash to your debts. The plan also involves worksheets that provide an easy way to organize and record your finances.

Some of these tips include:


- Don't carry credit cards in your purse (only debit/ATM)

-Write checks, pay cash

-Turn down credit line increases

-Take a look at your calendar and note any special events that may cost money.

-Complete your spending plan by making the best estimate of your upcoming bills and other needs for the month. Tweak the payments in all categories to determine the minimum amounts that can be spent without creating a sense of deprivation.

-Don't forget to include an amount for your savings cushion so you have a resource available for emergencies.

-Calculate your cash flow. What is the amount left over after you subtract the total expenses from the net income you will have for the month?



Thanks Oprah!