Is one of your New Years Resolutions to pay off debt? If so, congratulations! With planning and dedication, I’m sure you can stick to it and achieve your goal. However, resolutions are nothing if they are not backed up with plans and actions. So, now is the time to get organized and figure out your next step. Check out these tips by Shaunna Privratsky at the Dollar Stretcher Blog if you want to cut down on debt in 2016:
-Stop charging on credit cards and create a workable budget.
-Pay off one loan/bill at a time
-Stop turning to debt when faced with a car/medical emergency, instead, build up an emergency fund
-Seek debt consolidation and credit counseling services if you need additional help