TIPS GET OUT CREDIT CARD DEBT QUICKLY

TIPS GET OUT CREDIT CARD DEBT QUICKLY
Tips1 Comment on TIPS GET OUT CREDIT CARD DEBT QUICKLY

TIPS GET OUT CREDIT CARD DEBT QUICKLY

There are very traditional ways that we have all been taught to get out  credit card debt quickly orpractice how to eliminate bad debt quickly. These methods have been engraved in our brain in school, in college, etc. The fact of the matter  is these methods of how to free oneself from debt does not work for the average American. They are as follows:

•Step 1: Save $1,000 Cash for an Emergency Fund

• Step 2: Pay Off All Your Debt starting with smallest debt first

• Step 3: Add to Emergency Fund

 • Step 4: Invest 20 Percent of Your Income for Retirement

 • Step 5: Save for College

 • Step 6: Pay Off Your Mortgage

• Step 7: Build Wealth

Non-Traditional Ways to Get out credit card Debt

Most advisers give the same basic advice to consumers to get out credit card debt.  Their advice is based on a debt based economy where you are already in debt based on following the American Dream.  But suppose the average person does not have the income to follow the steps above.  Is there a way to use your current debt along with some knowledge of how this economy really works to actually get out credit card debt.

One thought on “TIPS GET OUT CREDIT CARD DEBT QUICKLY

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