Your 5 Step Guide to Getting Debt Relief Fast
Learn more
Carrying balances on multiple credit cards is stressful and expensive,
That’s especially true if you are living paycheck-to-paycheck or dealing with other debts simultaneously.
Learn more
This 5 Step guide can help you develop a plan to pay off your debt or identify the best debt relief option when a traditional payoff plan just won’t cut it.
Learn more
Step 1: Stop making it so difficult to get debt relief
The only way to get out of
credit card debt
is to stop creating new debt while paying off what you owe.
Learn more
A budget is essential in your quest to get out of debt, no matter which debt relief option you end up using.
Step 2: Create a budget that’s optimized for getting out of debt
Learn more
Gather up your most recent credit card statements or login into your apps to write down the following for each credit card:
Step 3: Take stock of your debts and decide on a repayment strategy
Learn more
2. Current monthly payment
1. Current balance
3. APR
4. Status of the account
Learn more
This is where your budget comes in because minimum payments aren’t going to help you get out of debt quickly.
Step 4: Set up a debt reduction plan
Learn more
Swipe up to Continue Reading!
Continue Reading
Visit
WealthyNickel.com
to learn how to save money and invest!
More posts:
Everything I’ve Ever Done to Make Money
Why Should We Tithe: The Compound Giving Effect