Seven steps to help you destroy your debt – Queensland Times

Ditching debt might seem like an impossible task amid ever-rising household costs, but Effie Zahos says there are simple strategies to get the job done.

The financial commentator and author’s third book, which launches on February 2, aims to take a positive approach to help people move forward by repaying debt and then building wealth through investment.

“If you are in debt you need to start from square one and ask yourself ‘how did I get here, and why?'” Zahos says.

“If you don’t answer the how and why, you will find yourself in the same situation. For example, you pay off the credit card then six months later you’re back with the monkey on your back because you didn’t address the question in the first place.”