5 Financial Tips to Master Before You're 30 - 4
- 29 Dec 2020
4. Figure Out Your Debt Situation
If debt is your enemy, then you must know everything about your enemy. Learn all you can about your credit card’s policy and see if there are any better options. Know how much money you owe and whom exactly you owe it. Restructure your budget to avoid gaining any more debt.
Once you figure out the sum that you owe, make a strategic plan. Break the debt amount into smaller parts and pay them one by one monthly. Even if it feels slow at first, continue doing this as it will prevent late fees accumulation.
