I recently reviewed an excellent article from yahoo talking about several different ways to save money and cut debt off the tough way.  Everything from selling your car to downsizing your house.  But what happens when you downsize to the point where just one more financial issue and you are over the edge?

With the fears of ressesion, the forclosure mess, and a stock market with more waves than a hurricane in the ocean the true question is how much can we really cut back until it’s just to much?

What do you do once you have already downsized the house and sold the car and still find yourself in the financial gloom?

So here are a few ideas that may help out. 

1.  Never give up!  No matter how bad the situation may get never give in.  Although it may feel as if you are trapped and the walls are caving in this is when you need to put your foot down. 

2.  Educate yourself.  You can’t get out of debt if you don’t know how.  Read books,  listen to tapes, and check out the Internet.  You might say that all cost money, but it’s free at the library.  Education is one of the biggest reasons most even got into debt.  You can even educate yourself on how to get out of debt right here.  You can sign up for are RSS Feed and review past articles, tips, and a polethera of new content being developed on a daily basis.  The thing about education is that it never stops.  The day it stops you stop growing.

So everyday learn one new thing about getting out of debt.  This don’t sound like much but if you would learn one new thing about getting out of debt everyday you would learn 364 new things that could help you get debt free and on the road to success that much faster.

3.  Put a debt free snowball plan together.    If you haven’t heard of this before here is a great article by No Credit Needed that illustrates this point very well.  The simple version of getting out of debt is pretty simple.  Anyone can do it.

4.   Pay yourself first.  Take a tip from the rich this is what they always do first.  Just like when you get your pay check and the first thing they do is take your taxes out the first thing you should do is take money from what you got paid and save it.  Remember it’s not how much you make but how much you keep. 

Save at least 10% back from your paycheck but if that is to much start at 1% and then gradually bump it up.  Then ever few months you can build it up a percent or two.

5.  Stay Focused!  This is again a tough thing to do but you can do it.  I am not going to reiterate this so just review my article on How to Keep a Debt Free Mindset.

Getting debt free is only as tough as you want to make it.  You can do it the hard way or you can do it the easy way.  The hard way you make a lot of mistakes yourself or you find proven ways that successfully helped people get debt free.  I like the second way. 

Finally, there is a long term way to get debt free and a short term way to get debt free.  The only thing for you now is to decide which is the right way for you.  Either way will get you there.