Start by creating a budget that outlines your income, expenses, and debt obligations. (Pic Credit: Freepik)
Focus on paying off high-interest debt first, such as credit card balances or payday loans. (Pic Credit: Freepik)
The debt snowball method involves paying off your smallest debts first while making minimum payments on larger debts. (Pic Credit: Freepik)
Debt consolidation involves combining multiple debts into a single loan with a lower interest rate. (Pic Credit: Freepik)
Don't be afraid to reach out to your creditors to negotiate lower interest rates or payment plans that better fit your budget. (Pic Credit: Freepik)
Finding ways to increase your income can accelerate your debt repayment journey. (Pic Credit: Freepik)
Paying off debt takes time and dedication, so it's important to stay committed to your goals. (Pic Credit: Freepik)