Despite the fact that many of us treat “debt” like a dirty word, millions of Americans are drowning it in. Even after a huge bump in debt repayments this year, Americans are still past due on their credit card payments to the tune of $945 billion. On top of that, we also collectively owe $1.7 trillion dollars in student loan debt, according to the Federal Reserve of St. Louis. It can be daunting to deal with debt, but you dont have to do it alone. Here are a few manageable steps you can take to pay back what you owe.
1. Cover your most essential costs (even if it means skipping a payment).
If you cant feed yourself or keep a roof over your head, you need to prioritize those basic needs before you start paying down any debt,…
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