Tag Archives: debt counseling
For those of you who are already over thirty (or almost there) this is still relevant, but just tack on about five years or so from your current age.
If your monthly debt payments, excluding mortgage or rent, exceed 20% of your income, your debts are a serious problem requiring action. Here are some basic alternatives for getting out of debt.
Choosing a credit counseling agency is a big step, and proof that you’re serious about wanting to change your life for the better.
A home budget and spending plan can help you get out of debt, with some determination and tools like an envelope budgeting system.
Manage your debt by paying more than the minimum payment and canceling your credit cards. Lower your interest rates to become debt free.