How to Get Out Debt Finally

Feeling overwhelmed about getting out of debt. Here is a basic way to finally get out of debt.

Instructions

1

Stop using your credit cards. Combine all your cards to one card. Find a 0% interest rate for one year credit card and transfer to that one. Make payments on that one until the year is almost up then find another 0% interest credit card to transfer it to. Try to make large payments on the one card.

2

Use your savings to pay down you card but leave enough in there in case you lose your job

3

Open a savings account devoted just for paying off your credit card. Try to put as much as you can in there. Have garage sales, get a second job or sell your old stuff on eBay or Craigslist.

4

If you are unable to do it on your own, get a debt consolidation service. Good Luck!