

These days staying out of debt isn't just a matter of spending less.
Establishing and then practicing these good financial habits help many people remain debt free.
Pay Cash: Your debit card is really handy, probably too handy. Cards can make you spend more than you can afford. If you don't have the cash, try to forgo the purchase.
Ignore Credit Card Offers: Credit cards should be used only for emergencies. If you're trying to earn airline miles or other perks, only spend what you know you can pay off the next month. Remember, the interest rate on a large balance will not help you get out of debt, it will dig you in deeper.
Pay Off Credit Cards: Always pay over the minimum and pay monthly. Large balances and high interest rates are a horrible combination.
Only Buy It On Sale: Never pay full price. Discount club memberships can pay off if you buy larger items. Buying in bulk can be cost effective for a large family, but assess your needs before you go out an shop.
Be Realistic: We live in a society dedicated to making everything you can buy attractive. Ignore it. If you don't need it, don't buy it. If you know you can't avoid spending in a certain store, don't go in. Shopping (and buying) shouldn't be your hobby. Invest in a hobby or something that will keep you busy and satisfy your desire to have something new.
Source: www.ehow.com