A little note about debt consolidation: If you have a lot of credit card debt and are thinking of getting a consolidation loan to pay the debt at a lower interest rate, think again. Credit card debt is unsecured and the minute you transfer it to the loan vehicle it then becomes secured debt. This means some of your collateral will be used to pay your debt if you don't keep up with the payments. Its a losing situation so don't do it, unless you feel morally obligated to pay the credit card companies for their deceptive trade practices. I for one, would settle my credit card debt for 30 to 50 cents on the dollar and then wait seven years to clear those bad marks on my credit report. Or better yet, start a whole new credit file and start all over again. People and companies do it all the time. For info send me an email and I can direct you in the right direction.

The best way to REDUCE YOUR DEBT without getting a part-time job or refinancing to get a lower interest rate on your debt is NO SECRET. There are literally thousands of debt counselors and debt management services out there that claim to help you reduce and even eliminate your debt. All they do is structure your budget and allow you to pay off that debt in a lesser amount of time. That you can do yourself with a little DISCIPLINE and PERSEVERANCE. First, make a list of all your debts and figure out how much you can set aside for paying off those debts. You will start with your smallest debt first and then take on the other ones in a similar fashion. Once you pay off that first debt you will have money left over the next month to work on the next debt. Mind you, this is where the DISCIPLINE comes in. Do not get into more debt because you have a little EXTRA CASH left at the end of the month. I know it is tempting, but the goal is still far at hand. As you eliminate debt after debt you will get a sense of accomplishment with every debt eliminated and you will regain your confidence as a good Money Manager.
You say you don't have any money to start, well here are some ways to find money in your budget.
1. Buy a USED CAR and get rid of your gas guzzling pride and joy. Who cares what
the neighbors think. You have just saved about three hundred dollars on the
payment and about seventy more on the insurance.

2. Start a savings account at the beginning of the month, right after you get paid.
set aside 10% of your check for DEBT ELIMINATION. I know it's hard but this
will keep you from spending that money on your WANTS and spend it on what
you really NEED.

Mortgage savings are available to everyone. Especially if you have a thirty year note. Did you know that you can take 7 to 8 years off your mortgage just buy giving one extra payment every year. All the banks know about it, but will not tell you for obvious reasons. This plan is known as the Bi-Monthly Plan. With this plan you pay half of your mortgage payment every two weeks instead of monthly. You can have the bank set it up for you that way and have the payments automatically withdrawn from your checking account. The trick to the plan is to pay a complete monthly mortgage payment at the begining of the plan and then 6 months later pay another full payment. This will give you that extra payment every year of your mortgage. Most thirty year mortgages are usually paid in 22 1/2 years this way. Try the math with an ammortization table and you'll be glad you did. How much is 7 1/2 years on your mortgage? Believe me, it's worth the trouble setting up the plan.