September 25, 2023

Digging Out Of Debt

 

Debt can pile up – just like the autumn leaves in your front yard! Luckily, you can do something about it. Here are three money moves to help you pave a plan for paying off your pile of debt, one leaf at a time:

 

Here are three things you can do right now to take greater control of your finances in times of economic uncertainty:

  1. Prioritize high-interest rates: Start high then go low – consider consolidating your debt to an even lower rate and one easy payment using a balance transfer. 

  2. Monitor your credit score: Keeping a pulse on your credit health can be tricky – what steps are you taking to boost your score? Make it br-easy for yourself. Free credit score app.

  3. Add to "that" fund: An emergency fund covers any unexpected expenses (think flat tires, window seals, and chimney sweeps this time of year) so you can focus on lessening the pile.

 

Put these money moves to work and rake that debt up. Let's go!

 

What’s your next money move? Follow us at LifeMoneyYou.com

 

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