Are you tired of watching your debt grow month after month? Do you realize how much you are paying in interest over the years to the companies you have credit cards with? Weve all done it and sometimes it feels like theres just no way out of the credit trap. Ill share how you can start paying off your debt rather quickly by taking small steps and sticking with the plan.
You can start out with as little as $20 per week, but I suggest you do you best to come up with $200 a month extra to pay off your debt. You will see results much faster that way. In a couple of weeks well talk more about simple ways to come up with a few hundred extra dollars per month, but for now start with whatever amount you can afford. The important thing is to get started.
Take out a sheet of paper and list all your current debt on there including
-Credit Cards
-Store Credits
-Furniture bought on buy now pay later
-Car Loans
-Student Loans
-Mortgage
Now jot down how much you owe on each and how much interest you pay. Your highest interest debt is probably going to be one of your credit cards. Thats where we will start.
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