Tip 1: Admit that the debt you are in is your fault.

… no really, it is.  It’s not that vacuum company’s fault that you decided to purchase their $2,500 vacuum.  You decided you wanted it and signed up for the payment plans.  Look at your debts.  Chances are, a majority of the items on that list of debts are of items you really didn’t need in the first place.  I call them “irresponsible wants”.  I will admit it, there are a lot of those on my debt list.  One of those is that high priced vacuum.  Wanna know how often I’ve used it in the year that I’ve owned it?  Maybe a handful or two.  I still owe a high amount of money on it because I let my debts get out of control. 

I’m not saying that every single debt is your fault.  Things come up that we have no control over.  I’m just saying that a vast majority of your debts were caused by not thinking clearly.  Pointing fingers and failing to take responsibility for your own actions will get you nowhere.  This is the first tip to the GOOD project.  Admit that the debt you are in is your fault.  As soon as you can admit that you caused it, then the sooner you can move on to doing something about it.