This means that debt elimination services should give you advice on how to properly budget your money. Debt elimination services should help you by teaching you how to prioritize expenses. A good debt elimination service should teach you how to think about the consequences before you spend money on anything. It is possible that you will be able to save a lot of cash when you switch from a higher rate card into a much lower rate one. The slightest difference in the interest rates posed by the credit cards is sure to make a big issue. Just look at the monthly billing statement that comes to you and take a look at how careless you are in spending. If you set aside some of your cash to pay more than the minimum balance on your debt, you will ensure that your debt does not increase anymore because of interest. 3) Save what you can - The third part of this debt elimination strategy involves trying to cut back on your expenses. Even if you stopped using credit cards, there are still certain expenses which waste your money. 2) Information - You need to gather a lot of information in order to come up with a viable debt elimination plan. You need to know what a company wants and what a company will agree to. This information will help you come up with a debt elimination plan that will benefit both you and the company. Of course, mutual benefit is what your creditor will look for in a debt elimination plan. How to Evaluate a Debt Elimination Program When you ask people about their goals for the future, most would answer that they would try to get rid of their debt. However, when you inquire just how they plan to do that, most would answer with a shrug of the shoulders. If you wish to truly get rid of your debt, the first step to take would be to plan. Another way to discern a fake debt elimination company is through its method. Debt elimination can be a long process. However, many fake debt elimination companies today offer you documents that they say would eliminate your debts without you having to spend a single cent. This is definitely a scam. 2) They can negotiate - If you think that all a debt elimination company can do is give you advice, you would be mistaken.