Here is a formula for quickly getting out of debt that I've seen from a couple of different sources. It takes a little discipline to follow to end, but it's well worthwhile. Just imagine not having to pay out all that interest every month! How much more could you afford to do if you didn't have to pay interest any more?

Step One: STOP USING CREDIT TO MAKE PURCHASES!! This is perhaps most influential part of process. If you can't afford to live on what you earn, you're spending too much! And only thing you accomplish is to dig yourself into a hole that just gets deeper and deeper. If you want to get out of hole, first step is to stop digging.

Step Two: FIGURE OUT YOUR MONTHLY BUDGET What you are working for at this step is to assign your monthly earnings to paying off your credit debts and a little more. The more you can add to payoff payment, quicker you can get out of debt completely.

Make sure your budget allows for your living expenses such as food, utilities, gas for your car, and between 5% and 10% of your monthly earnings for entertainment. Anything left over after these should be applied towards debt payoff.

What you want to do is arrange to have at least $150 per month that you can apply towards eliminating your debt beyond minimum monthly payments. You may have to make some sacrifices to make it happen, but freedom at end of this will be phenomenal! Of course, other way to make this happen is to start earning more money. Either way, find some extra money to pay off your debts with.

Step Three: PAY OFF THE SMALLEST DEBT FIRST Start making minimum monthly payments to all credit accounts except one. On this one account, make largest payment you can (minimum monthly plus $150+ payoff amount). Continue this until this one account is paid off.

You've probably heard joke that it's okay to talk to yourself as long as you don't answer yourself. Many times, in our culture, we find it strange to see someone sitting alone and apparently carrying on a conversation. But in actual fact, only real difference between this person and ourselves is that we speak to ourselves without saying anything out loud.

A lot of people feel that it's perfectly natural to hear your own voice speaking words inside your mind. In fact, everyone that I have ever asked has responded that this is exactly how they think. Psychology tells us that human mind operates with pictures, and that every thought is conveyed inside mind as a picture or a series of pictures. Yet most of us think out our thoughts using words and language.

Many ancient systems of philosophy have taught that this "chattering monkey" limits your thinking, and restricts you from ever finding "enlightenment". Zen and other forms of Buddhism strive to eliminate flow of thoughts in mind in order to allow mind to perceive "satori", or ultimate state of existence.

Sometimes, when I am particularly focused on my thinking, I notice that a complete thought flashes through my mind, and then chattering monkey starts up to describe thought that just went through. One thought after another flash through my mind, and all of them get described with words, as if I had to explain to myself what I had just thought. And each time a thought goes through this process of being described, next thought is put on hold until words stop.

It is at this time that I wonder "What would happen if I could stop words and let thoughts play themselves out in my mind?" After spending several minutes on this effort to stop words, I realize that time between thoughts is reduced to virtually nothing, and more and more thoughts speed their way through my mind. And more I'm able to stop words, quicker my mind operates. Even in a state of wordless thinking, my mind clearly understands everything that takes place.