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.