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Creative Ways to Save Money for Debt Repayment: Tips and Strategies
If you’re struggling with debt repayment, you’re not alone. Many people find themselves in debt for various reasons, including student loans, credit…
DEBT STRATEGIES AND HOW TO BOOST INCOME
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How to Stay Debt-Free After Paying Off Big Debts: Expert Tips
Paying off big debts is a significant accomplishment that deserves to be celebrated. However, staying debt-free can be just as challenging as paying off the debt itself. It’s easy to slip back into old habits and accumulate new debt, especially…
THE PSHYCHOLOGY OF DEBT
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Why Asking for Help When You’re in Debt Is Essential
If you’re in debt, you may feel like you’re alone and that there’s no one who can help you. However, that’s not the case. There are many resources available to help you get out of debt and improve your financial…
Recent Articles
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How to Use Cash Windfalls Wisely to Pay Down Debt: Expert Tips
Receiving a cash windfall can be a life-changing event. Whether it’s from an inheritance, a bonus at work, or even winning the lottery, having a sudden influx of cash can be exciting. However, it’s important to use the money wisely,…
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Understanding the Impact of Your Debt-to-Income Ratio: A Clear Explanation
Understanding the Impact of Your Debt-to-Income Ratio is crucial for managing your financial health. Your Debt-to-Income Ratio (DTI) is the percentage of your monthly gross income that goes towards paying off your debts. It is a key factor that lenders…
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DIY Debt Management: Take Control Without Paying for Help
If you are struggling with debt, you are not alone. According to a recent study, the average American has over $38,000 in personal debt, excluding mortgages. This can be a stressful and overwhelming situation, but it’s important to know that…
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The Link Between Your Mental Health and Debt: Understanding the Connection
Debt can be a source of stress, anxiety, and even depression for many people. The burden of debt can have a significant impact on our mental health, affecting our mood, our ability to concentrate, and our overall sense of well-being….
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Why Paying Off Small Debts First Might Work for You
If you are struggling with debt, you might be wondering what the best way to pay it off is. One popular method is the debt snowball, which involves paying off your smallest debts first. This might seem counterintuitive, but there…