Top 10 ways to pay off debt and start saving money

If you feel like never have money and you’re sinking in debt, you are not alone.

According to NerdWallet’s 2016 analysis, the average American household has more than $16,000 in credit card debt and more than $132,000 in debt once mortgages, student loans and auto loans are considered. With that much debt, it’s natural to feel like getting out of debt is a hopeless cause. But it can be done! With some careful planning, a little bit of self-restraint and an optimistic attitude, you can climb out of that sinkhole of debt and establish a firm foundation again.

Often the hardest thing about getting out of debt and saving money is getting started. When you’re buried under a lot of debt, it can be too overwhelming to figure out where to start. This article will establish 10 steps that will help you regain your financial footing.

 

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