If you have made some unwise decisions (like maxing out your credit cards so you have to pay up to 36 percent per year in interest alone!) when it comes to your finances, now is the time to strategize. Plus, even if the amount owed isn't that great, you'll still benefit from planning the best ways you can pay it off. Here are sure-fire ways to get out of debt and have a good night's sleep:
Want more tips on how to manage your budget and debts? Here are some articles that can help you:
- Cash Flow Control: 27 Things That Drain Your Wallet
- Be Money Wise: 8 Money-Saving Schemes Anyone Can Do
- Spending vs Saving: 7 Ways to Discuss Finances with Your Significant Other
- The Couple's Guide to Talking about Money Without Killing Each Other: 5 Tips
- 10 Tips on Using Your Credit Card Wisely
- The Right Way to Budget
- Budgeting 101: 15 Tips for Wiping Out Your Debts
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(First published in Good Housekeeping Magazine, Money section as "Money Watch" in October 2004"; adapted for use in Female Network)
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