When in debt, you also need a goose.

First, those who are in debt should destroy all their credit cards, because most people spend significantly more when using them than when using cash. The second piece of advice is to pay down each loan installment as little as possible. Most people fail to estimate how high their living expenses will be. When they need to purchase a new car or something in the house breaks down, they are forced to cover the costs by taking out another loan. Third, save half of the money not allocated to living expenses, and use the other half to repay the loan.