6 no-fuss ways to start paying off all your debt now

Everyone’s situation is different, but here are some popular strategies you might consider on your journey to becoming debt-free.

Creating a workable budget

If you have a significant amount of debt to pay off, you’ll likely be looking to cut costs in a meaningful way. A budget can help with that.

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Making more money

Yes, this is easier said than done, but before rolling your eyes and moving on, consider the possibilities. Is it time for a pay raise? If a bump is overdue, it might be time to have a talk with the boss.

Applying extra money towards debt

If that raise comes through, or you earn a bonus at work, or you get a tax refund from Uncle Sam, instead of living it up while the money lasts, consider using it to pay down some debt.

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Consolidating separate debts into one payment

You may be able to consolidate all or some of your debts at better terms, such as a lower or fixed interest rate and possibly pay them off in less time than you expected.


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