How to get out of debt

When you’re struggling to pay your bills, it’s not easy to come up with a plan to pay off your debts.

But a new online guide helps.


In a blog post published on the site for the UK’s Financial Post, author, financial journalist and author of the blog, Richard Lippman, explains that debt-free debt is an achievable goal that most people can achieve without spending too much time thinking about how to pay it off. 

“I have tried to create a plan for how to get myself out of the debt trap that I’ve fallen into.

I know it is not easy, but I am determined to make it happen. 

My book Debt Free Debt: The Unstoppable Pursuit of Personal Freedom, tells the story of a man who has never owned a home, and is living off the proceeds of his mortgage. 

It’s a very realistic, and accessible story,” Lippman writes in the blog post. 

The author is not the first person to offer such a roadmap. 

In September 2016, Michael Hart of The Financial Post published an article titled How to get rid of debt without making a huge fuss about paying it off, which detailed how he was able to pay down his debt and avoid the need to get into debt in the first place. 

And in December 2016, author and financial blogger Mike Lipson offered a similar roadmap for people struggling with debt. 

He outlined a plan of action for those who had already been in debt for years. 

This particular plan was based on the following five key points: 1. 

If you don’t have a mortgage to pay, pay off the debt.


Pay off the first £5,000 of your mortgage every month.


Don’t let yourself get caught up in debt.


Stay away from borrowing money to pay debts.


Take advantage of the government’s ‘pension relief scheme’. 

While Lipsson did not offer specific details on how much he would pay off his debts, he did offer the following advice: “It is possible to make your debts completely pay off in a couple of months. 

That’s why I recommend spending more time on your finances rather than thinking about paying them off.

If you do not think about paying off your debt, you will just be wasting your time and time is money.” 

This post, written by Lipton, may be considered a little too specific for most people.

However, it is a compelling piece of advice for those struggling with their finances. 

There are a number of other helpful books out there that offer advice on debt-busting strategies. 

Here are some of the best. 

How To Get Rid Of Debt Without Having to Commit to Debt: How to Get Rid of Debt without Commitment, by Michael Lippson and Mike Leipson, is the first book out of the UK Financial Post. 

Littman says that he and Leippson are aiming to reach a global audience. 

A major part of the book is about paying down debt and LIPson said that the advice was written to help people avoid the debt trap. 

However, Lippi and Leipson also explained that people can be more successful with the help of a credit counsellor. 

What do you think?

Is debt-paying easier than you thought it would be? 

Read more: Debt-Free Debt: How to Get Rid of Debts without Cleaning Up Debt,  by Michael Lisi and Mike Lickerson, is another great resource for those struggling with their debts. 

According to Liscia and Leip, they have also provided free debt-free advice on how to avoid debt.

 Litchi and Leiper also offer a wealth of other helpful resources. 

One of those is Debunking Debt, which talks about how debting can be a good thing. 

Debunks the myth that debunking debtor will do anything to keep you from getting out of it. 

Find out how to get rid of debtic debits. Read the book and find out how you can avoid debt.