Ditch Your Debt

Financial advice abounds on how to quickly eliminate debt, yet often this doesn’t work out for those trying to escape its clutches. Rethinking your approach to money and debt is the single greatest change you can make. Begin by setting a budget and cutting back on non-essential line items. Prioritize debts according to interest rate; […]

Your ability to pay off debt on a low income depends on knowing exactly how much debt there is. Take some time now and compile a comprehensive list of your obligations, such as credit card balances, medical expenses, loan payments and utility costs. Admitting the full sum can be daunting, but taking an honest assessment […]

Debt can be hard to keep track of; debts may have been hidden away in accounts and sold off to collections agencies. There are ways to help identify all your debts and devise a plan to clear them away, and this article will guide you through three steps to locate all of them. 1. Check […]

Attracting debt relief on a low income requires creating a strict budget and spending decisions without adding new loans or credit cards to your mix, such as balance transfer credit cards or personal loans. Some individuals struggle to find ways to generate extra cash, but the “gig economy” provides many avenues for earning additional income […]

Debt can seem insurmountable at times. To help yourself out of debt quickly and successfully, follow a plan such as budgeting or working with a reputable debt settlement company. Make extra payments toward debt with higher interest, instead of only making minimum payments – this strategy, known as debt avalanche method, saves money in interest […]

Credit card debt can be an immense strain, but there are ways out. One method is using a 0% balance transfer credit card, which can help accelerate debt payments faster. Another option is consulting with a credit counseling agency who will negotiate with creditors to reduce interest rates and payments. 1. Create a spending plan […]