If you're struggling with debt, you're not alone - from mortgage and car payments to student loan debt to credit card bills, most of us have some form of debt that we're working to pay off. Happily, there are plenty of excellent strategies to manage and pay down your debt - without losing your sanity. From tips on bringing in extra income by earning money online to pay down debt faster, to important 'debt housekeeping' ideas like monitoring your credit score or reducing monthly payments until you're back on track - these are surefire strategies you can use now.
Reduce Your Payments
If you're feeling overwhelmed by debt, there are key steps you need to consider to stay on the path to paying off your bills. Reducing your payments to creditors each month can be a short-term fix - particularly if you've had a recent life change like losing a job, or getting a divorce. We'll look into choices like refinancing your loans, the pros and cons of credit card balance transfers, and selling assets.