“Debt can destroy your financial dreams. Whether you carry a small balance on your credit card each month or are staring up at a mountain of financial obligations, debt makes it impossible to get ahead. Living in denial will only increase your money woes – as well as your anxiety. As soon as you face up to the situation, paying off your debts may be simpler than you realize.”
Getting out of debt is something you can do yourself with the right tools and motivation.
Take it from those who’ve been there. The people profiled in NerdWallet’s How I Ditched Debt series tackled thousands of dollars of debt using smart strategies and everyday tricks: making the most of your money, using extra payments and knowing how to stay motivated, among other strategies.
To inspire you, here are seven tips from some of their stories — and the steps you can take on your own debt payoff journey…