I need some money to pay off loans. I am in deep debt with a job the pay little money.
I have two Master's Degrees hoping to get a better paying job. No advice right, took classes o become a career development faciltator only for coaches and I have credentials, they don't did not happen. I have been working for the same school district as an aide for 10 years and I see myself going no where but in debt.
There are two steps towards paying off loans.
First. Decide on the total amount of money you want to pay your debtors. Divide it equally amongst them. Then write each of your debtors a letter informing them of the amount of money you can afford to pay them. Pay them that amount on time all the time. They cannot sue you for non payment.
Second. As soon as you pay off the smallest debt, move that payment to the next debt. When the second debt is paid off, move the entire payment to the next debt. Continue this way until all your debts have been paid off.
Please don't make the mistake of thinking that you have more disposable income after settling one or two debts. Remember, you have committed X amount of money from your income for debt repayment. Therefore, that money is not yours until all the debt has been paid off. AND DON'T TAKE OUT ANY MORE DEBT.
To your success.
by alexandriaruthk 6 years ago
If suddenly you have money, should you invest or pay your debt first?Granting that you received an unexpected money, what is the best financial move you can do, invest or pay your debt first?
by sandra rinck 9 years ago
Let me start off with roolllff! Everytime I look at a bill I get sick, everytime I need to bust out a credit card just to make it to the next month I wanna puke. Trying to get along in a busting economy is making me sick. I do need advise, good advise in a couple of areas,...
by ElleBee 5 years ago
Can you suggest any creative ways to pay off your student loans?
by StayPos 14 months ago
If you received an unexpected inheritance of one million dollars what would you with the money?Oh and by the way the taxes have already been paid :-)
by Elena 7 years ago
Is it really possible to live Debt-Free?
by Dave Rogers 6 years ago
What is the best way to pay off debt?If you have debt would if be better to pay it off yourself or use those debt assistants like careone or incharge.
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