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For the second time this month the interest rate for my ING Direct Orange Savings account was reduced. The first reduction took place on March 11 from 3.40% to 3.10%. The latest reduction reduced that rate from 3.10% to 3.00% and that took place on March 19. I hope that the rate will at least stay here for at least a few months. However, that is going to be up to the Fed. My hope is that the dollar can start gaining some strength again.

I just wanted to share some debt reduction methods. Most of these are common sense, however, common sense doesn’t seem to be all that common. The hardest thing do when trying to reach a goal is starting. So here are a few rules that will guide you along the way.

Get Out of Debt Faster List:

1. Stop using you credit cards.
This is the first step to get out of debt faster. Just remove your cards from your wallet or purses. Without this temptation in your possession the likelihood to go further into debt will be reduced.

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