Top 4 Tips for Staying Out of Debt - “When you get in debt you become a slave.” -Andrew Jackson The burden of debt is one of the biggest weights anyone has to carry through their life. When you are in debt for a bank, a company or a person; the ease of your mind is completely controlled by that factor. The more you take to pay off your debt, the bigger and worse it will be. Therefore, it is always a smart choice in life to stay off debt. I am sure that you are thinking that it is easier said than done – which is absolutely true. In our lives which are so full of consumption and entertainment, it is nearly impossible to completely stay out of debt. As long as you manage it well, having a small debt is not the end of the world. However, let us give you a few tips to minimize the chances of getting into a huge debt that will affect your life negatively.