Use Debt Responsibly
Posted in Category: Debt, Wallet Workouts
Tagged with : Wallet Workouts
Stay strong with your New Year’s resolutions!
Learn how to flex on your debt.
This week’s workout:
Use Debt Responsibly
- Find financial balance and strength by using debt wisely. Like yoga – responsible debt management takes financial flexibility, consistency, and strength.
- Start practicing these debt moves now to improve your credit reputation, save money, and reduce your financial stress.
Move 1
Roll out your financial yoga mat and take note of all your debt balances, interest rates, minimum payments, and due dates.
Move 2
Remain tranquil and contact your creditors. Ask about lowering interest rates, balance transfer options, and other ways to reduce interest costs.
Move 3
Become one with your budget to unleash extra dollars to pay back debt.
Move 4
Stretch extra dollars wisely using the Debt Snowball or Debt Avalanche repayment strategy.
Move 5
Transcend your debt and become a Debt Destroyer®. This program will help you get out and stay out of debt.
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