Getting out of debt isn’t easy. Sometimes it takes all you have to keep up with monthly bills and save for a rainy day, let alone pay the minimum monthly payments on your credit card. Fortunately, there are plenty of ways to get out of debt that won’t make you miserable. Here are some of the best strategies to become debt free.
1. Build a Budget
By far, the best way to see what you owe, what you earn, and how much you can pay is to keep a budget. It doesn’t have to be complicated; a simple spreadsheet will do. With all the numbers in one place, it will be much easier to work at reducing what you owe and reallocating money where it is needed most.