Learn about some strategies to get beyond the misery of "I can't be happy until this is all paid off."
- So you've decided to get serious…about paying down that debt.…Good for you.…When you pay off debt, you make an investment…in your future financial security.…But depending on the amount you owe,…you might be working towards this goal for awhile.…How do you stay motivated and committed for the long haul?…Follow these six tips.…First, decide on a monthly repayment amount…that you can live with.…And by live with, I don't mean white knuckle…your way through years of ramen dinners and keeping…your shoes until the soles wear out.…Even if it takes longer and you end up paying more…in interest, you're more likely to stick with it…if the amount feels sustainable.…
If you put yourself in too strenuous a plan,…you're more likely to abandon it.…Next, make sure you're getting the best possible rates.…For credit cards, you can try to negotiate…a lower interest rate directly with your creditors.…Or consider transferring the balance…to a card with a zero percent introductory rate…and a low balance transfer fee.…Bankrate.com makes it easy to compare products…
Skill Level Intermediate
Financial Wellness for Couples and Familieswith Amanda Clayman1h 7m Intermediate
Personal Finance Tips and Trickswith Jane Barratt2h 58m Intermediate
Your Money Management
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