how to budget to get out of debt

May 311 min read

What strategy should you use to pay off debt? The NOT-Bank-Approved version

What strategy should you use to pay off debt? The NOT-Bank-Approved version 1st step - Get high-interest rates out of YOUR POCKET

Mar 27, 20232 min read

Stay motivated while paying off high-interest debt

Set a goal Celebrate small wins Track your progress Stay focused on the end goal Surround yourself with support

Mar 13, 20232 min read

Avoid new debt while paying off high-interest debt

Avoid new debt while paying off high-interest debt Create a budget Live within your means Avoid using credit cards Find alternative sources

Mar 6, 20232 min read

Consider consolidating high-interest debt

Evaluate your debts Compare consolidation options Apply for a consolidation loan Use the loan to pay off your debts Avoid taking on new debt

Feb 20, 20232 min read

Prioritize high-interest debt

Prioritize high-interest debt 1. Make a list of your debts 2. Focus on the highest-interest debt first 3. Consider debt consolidation 4. Mak

Feb 10, 20232 min read

High-Interest Debt

Steps to becoming debt-free: 1. Make a budget 2. Prioritize your debt 3. Make extra payments 4. Consider debt consolidation 5. Avoid new deb

Dec 16, 20221 min read

How do people get trapped in cycles of credit card debt

How do people get trapped in cycles of credit card debt? Recipe: Grow up poor, scarcity mindset, instant gratification and YOLO.

Dec 15, 20222 min read

I have $30,000 in credit card debt

30000 in credit card debt From $60k to $35k in 3, almost 4, years $1,800/mo to $346/mo High-interest rate = high monthly minimum payments