What Is The Fastest Way To Get Out of Debt?
What are some ways to get out of debt quickly? How is the best way to get out of credit card debt? What are the fastest ways to be debt free?
Use the debt snowball method. It works if you can stick to it.
Make a budget and follow it!
Spend less than what you make
Pay CASH for everything!
Look up daveramsey.com and follow him!
well you have to pay those debts with higher interest first. slowly crawl your way out while working a few jobs if possible
Do not live beyond your means - stay within your financial limits. Look at the bargains of the week and be a good and sensible shopper. Do not buy anything you cannot afford. Wear your clothes more than one year. You have to cut out everything you like and live within your basic needs. After you paid your debt - never borrow again.
Stop spending money on useless things and start putting it towards your debt. Only buy what you can afford in the first place - live within your means! Make a budget and stick to it.
If you own a house, I recommend a re-finance / cash out. This is the exact method I used to get out of a monstrous heap of credit card debt that foolishly created for myself. It was the fastest method I had found to get out of debt quickly.
However, roelfina has the second best method IMO. It's not just a matter of reducing spending, like with a diet, you have to change your habits and learn to be satisfied with less.
Also, turn off 1-click buying on Amazon...
by Clifford Beaver 6 years ago
What is the best way to pay off credit card debt?I don't personally have any major credit card debt, and the debt that I do have is under control. However, I know some people who have let their credit cards get out of hand and I'm sure there are people searching for ways to pay it off. So I ask...
by lady_love158 7 years ago
http://www.speaker.gov/blog/?postid=240654We need to cut trillions not billions and unless we do we should not raise the debt ceiling! Obama is spending 4 trillion dollars a year even though historically revenues don't exceed more than 20% of GDP which for now is less than 3 trillion. That means we...
by Cassie Smith 5 years ago
Why aren't people concerned that Obama has added over $5 trillion to our debt so far?Are these numbers so big as to be meaningless and people can't grasp that figure or are so many people out of a job that they have to deal with their personal situation 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 Sophia Angelique 5 years ago
From Forbes Magazine.http://www.forbes.com/sites/rickungar/2 … ack-obama/Quote: "So, how have the Republicans managed to persuade Americans to buy into the whole “Obama as big spender” narrative? It might have something to do with the first year of the Obama presidency where the...
by Jack Lee 6 months ago
How can the GOP sign this bill and claim they are for fiscal responsibility?If winning elections and maintaining majority in both Houses of Congress means giving in to demands of the minority, then we might as well vote Democrats...At least they say they want more spending...You GOP are the lost...
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