2. When it comes to getting out of debt, it is hard enough when
there is a decent amount of money coming in, let alone
facing this challenge when you’re short on income.
But, it is definitely possible to get rid of debt on a low
income. But wait: here’s one more twist! It’s also achievable
without selling key assets, such as the house or car you don’t
yet have.
Today, we are going to cover the strategies which you can
use to be successful this major feat.
3. The starting point of any debt solution is to conduct an analysis of
your financial circumstances
4. Secondly, you can create a budget with the help of zero-sum budgeting
techniques
5. One and the only way to pay off your debt is to pay more than the
minimum payments
6. The optimum way to approach debt is to handle one balance at a time