Debt has a way of piling up faster than many of us realize. If you have a lot of high-interest credit card debt, for example, it can feel like youll never make any progress. Fortunately, it’s possible to get out of debt more quickly if you go about it in the right way. Plus, you could save a substantial amount of money in the process. Here are five strategies for paying off your debt.
Key Takeaways
- Paying off debt can seem overwhelming, but it doesn’t have to be if you have a plan.
- Knowing where your money currently goes is the first step. Then you can begin to cut unnecessary expenses and use the spare cash to pay off debt.
- You’ll save money and pay your debt off faster if you start with your highest-interest debts.
- A debt conso…
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