Never cosign a loan. Once you have cosigned, you cannot get out of it - even on your deathbed.
I am a big believer that orderliness begets wealth. A pile of bills and statements - whether paid or not - is a sign that someone is clueless about what's coming in and going out. When you consciously open, read, and file away your bills and statements, you are connecting with your money and taking control of your life.
Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.
Look everywhere you can to cut a little bit from your expenses. It will all add up to a meaningful sum.
Michael J. Saylor