When you’ve dug yourself deep into a pit, the only way to get out is to stop digging. This month, focus on not racking up more debt. Stop using your credit cards. Skip your weekly trips that usually have you buying too many non-essentials.
Instead, start brown-bagging your work lunch and brewing your own coffee. Get into the habit of spending only on essentials so you can make real progress toward paying down that debt. Click here if you need some tips for cutting expenses.
Don’t forget to make the minimum payments on every line of credit and loan you have open. Neglecting your debt will only pull you deeper into the pit.
Feeling overwhelmed? No worries; we’ve got you covered! Sit down with one of our free, on-staff financial counselors. They can help suggest ways of saving more and spending less so you can be one step closer to financial freedom. Call today at 330-364-8874 and ask for Katy Steinebrey or Fred Weingarth.
Want more information on managing debt? Check out our interactive library through Banzai by clicking here.