1. Start-Up A Business
A business can mean anything from selling your paintings, selling handmade crafts at the flea market, or reawakening a faded passion/hobby as a means for extra income. In this way you can eradicate debt from your life faster.
2. Stop Spending More Than You Make
Behaviour is the number one reason for debt. The assumption that it's normal for everyone to have bad debt is wrong. It's not normal to spend more than you make. Once you wrap your head around this statement, only then does the process of becoming debt-free by the age of 30 begin.
3. Educate Yourself Without A School Loan
There are so many other ways you can educate yourself today, without the huge debt of university fees. Many employers are looking for people with experience and a portfolio.
A degree no longer assures a job, even though tuition fees is the second most frequent cause of debt today. When you do decide to study, do it because it's something you love, and not because it's going to make your parents proud and then see you drop out in a few months.
4. Consistently Manage Your Debt
It's like going to rehab or dieting. You need to take each day as it comes but also plan ahead. You need to consistently manage your debt and murder it slowly through a sound, realistic plan.
If you are in debt, by following these steps, you could see yourself free of it before the age of thirty.