Let's be honest, we all have problems, probably more than 99 too, but like Jay-Z said, “Debt doesn't have to be one!” Debt can certainly be crippling, but it is a problem that can be fixed with some simple adjustments. Here are the steps to overcome debt.
Well, try to imagine paying off debt when you're busy adding to it by financing new cars, using your credit cards or going back to school with loans just as silly.
Most financial and debt experts recommend using some form of the; 1. Debt snowball 2. Debt Avalanche 3. Cash Windfall
The 12% interest rate on your auto loan or the 8% interest rate on your student loans might be making your race to overcome your debt more challenging.
Comparing yourself financially is a recipe for financial ruin. The most important step in overcoming your debt is ending the comparison game!