how to pay off debt


This video, https://www.youtube.com/watch?v=IM22I7mLgiU&t=3s, can also be seen at https://www.youtube.com/playlist?list=PLTx3w83VgCFs4R8QYVT1G6iKg5kkMXPJZ.Proctor was 36, had more than $50,000 in student debt and desperately wanted to pay off a house and start investing. DePrato was $65,000 in debt, with a bachelor’s and an MBA. He wanted to build a house with his wife, but that seemed impossible with a monthly 0 student-loan payment.Whichever method you choose, paying off your student loan debt in 10 years or less is a worthy and achievable goal. By looking at your situation, you can decide which of these options is more likely.How to Pay Off credit card debt. Although it’s convenient to use your credit card for anything from incidentals to monthly bills, debt can build fast – and it comes at a price. Discover how to break the cycle and banish your credit card bills by following these steps:. Start off by creating a budget.If your goal is to pay off your credit card debt, the last thing you want to be doing is adding to that debt by continuing to charge your expenses. “Quit using your credit cards,” Repak says.Credit card debt can weigh heavily on your shoulders and wallet. If you’re tired of the anxious feelings and precarious payments, you’ll need to learn how to quickly pay off credit card debt.4. I used shopping portals that pay you back for every purchase. I wouldn’t have been able to pay off debt quickly-if ever- if I spent a lot of money. That said, when I did have to spend money, I looked for rewards programs that would pay a fraction of my purchase back. eBates is perhaps the best known.10 Tips for Paying Off Credit Card Debt. Ready to pay off your credit card debt?Here are some practical ways you can quickly tackle your maxed out cards and take your first real steps toward getting out of debt.. 1.Pay down: As we said earlier, it makes sense to pay off high-interest debt (private student loans above 8% interest) first, especially if you cannot deduct the interest. Toss up: It may be beneficial to pay down medium-interest-rate debt, such as Direct PLUS and Direct Unsubsidized loans for undergraduate and graduate students, in certain situations and not others.