It can be tough to get out of debt. But with a little bit of organization and planning, you can be debt free by 2022.
Key Strategies to Paying Off Debt;
1- Debt Snowball
2- Debt Avalanche
3- Debt Consolidation
The first step is to create a budget. You need to figure out how much money you have coming in and going out. This includes all your regular expenses, like rent or mortgage payments, car payments, utilities, and groceries, as well as your debt payments.
Once you have a budget in place, you need to start sticking to it. You may need to make some sacrifices, like cutting back on your entertainment budget or eating out more often. But it will be worth it in the end when you’re debt free.
Next, watch this video and follow through with the next steps and suggestions. This isn’t financial advice of course but these steps and tips worked for me as I mention in the video… so they could work for you too! Don’t wait until January 1st to start this debt-free journey. Start right here and now.
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