2.) Thou shall not use the plastic known as credit cards to buy expensive items. This will reduce drastically your monthly expenses. How about realistically, would you want to pay $130 for an item that costs $100. Would you want to pay $1,300 for a $1,000 item.

- If you avoid buying high price items with your credit card, you wont have to pay interests on them.

See why you shouldn't buy expensive items with your credit card. 1.) Thou shall know the difference between a need and a want. 10 Commandments of Debt Reduction In order you to be able to live debt free you should learn and live by the ten commandments of debt reduction. By following them you will assure yourself that you only spend what is needed. You will have enough money left over to actually save some each month. 3.) Thou shall make a budget and strictly follow. Credit card interests can be high, as high as 30%.

- By knowing the difference between the two, you will only spend what you actually need and not spend money on what you want and you really don't need.