WHY IS PAYING OFF DEBT IMPORTANT? Paying off debt is massively important as you traverse the adult financial world. Paying off debt allows you to increase your credit score, which then makes you look more trustworthy to creditors and opens many doors for you and your family.
WHERE IS YOUR MONEY GOING? ARE YOU REALLY BROKE OR JUST OVERSPENDING? It is important to recognize the difference between truly being unable to pay for things, and being short on funds because you are a frivolous spender. Either way, the tips in this post will be sure to help put you on the right track!
HOW TO GET OUT OF DEBT WHEN YOU’RE BROKE WITH NO MONEY FIRST THINGS FIRST… STOP ADDING TO YOUR DEBT If you are struggling to get out of debt, the first and most important step is to stop acquiring more debt. The most common culprit of adding to our debts are credit cards, frivolous spending, and online shopping.