I know what it feels like to have a dark cloud of debt hanging over your head. You may feel stressed, anxious, overwhelmed, or even depressed. You may feel angry and disappointed with yourself because you let things spiral out of control. You may feel that your life is on hold because of your debt.
I get it. It’s tough. I spent years pretending my financial problems didn’t exist. I know it can take years to build up the courage to face your fears and start working your way out of debt. If you are in debt and reading this article, you are on the right track!
The decision to get out of debt is one of the most important decisions you’ll ever make. It’s life changing! But what’s next? You may be wondering how you can make your dream of becoming …show more content…
Pay off as much debt as you can each month and you will be debt free before you know it.
6. Make Extra Money
You may find yourself in a situation, where you cannot make any further cuts to your spending because your spending is low as it is. If this is the case, try earning extra money on the side. There are many different ways to make extra money which include teaching a foreign language, becoming a childminder or a dog walker, getting a weekend or an evening job. There are also ways to earn money online. I told you from the start that getting out of debt will not be easy, didn’t I?
Personally, I made some money by selling unwanted clutter. It didn’t make me rich, but it sure helped me pay off my debts faster. Also, I got a promotion at work and a pay rise of 19%.
7. Keep at It
Getting out of debt will take time – sad, but true. It can take you years to reach debt freedom. At one point or another, you may start to feel that you are burning out and getting dangerously close to giving up. Don’t! Take a break, buy yourself something nice (without stretching your budget too much) and carry on. Keep your eyes on the prize and remind yourself every now and again why you want to be debt free and how amazing it would
I get it. It’s tough. I spent years pretending my financial problems didn’t exist. I know it can take years to build up the courage to face your fears and start working your way out of debt. If you are in debt and reading this article, you are on the right track!
The decision to get out of debt is one of the most important decisions you’ll ever make. It’s life changing! But what’s next? You may be wondering how you can make your dream of becoming …show more content…
Pay off as much debt as you can each month and you will be debt free before you know it.
6. Make Extra Money
You may find yourself in a situation, where you cannot make any further cuts to your spending because your spending is low as it is. If this is the case, try earning extra money on the side. There are many different ways to make extra money which include teaching a foreign language, becoming a childminder or a dog walker, getting a weekend or an evening job. There are also ways to earn money online. I told you from the start that getting out of debt will not be easy, didn’t I?
Personally, I made some money by selling unwanted clutter. It didn’t make me rich, but it sure helped me pay off my debts faster. Also, I got a promotion at work and a pay rise of 19%.
7. Keep at It
Getting out of debt will take time – sad, but true. It can take you years to reach debt freedom. At one point or another, you may start to feel that you are burning out and getting dangerously close to giving up. Don’t! Take a break, buy yourself something nice (without stretching your budget too much) and carry on. Keep your eyes on the prize and remind yourself every now and again why you want to be debt free and how amazing it would