If you’re living paycheck to paycheck, it can seem like you’re the only one with money issues. In addition, you can’t figure out how your friends can afford their cars and vacations when you make the same amount of money.
If you are living paycheck to paycheck, that means there is no extra money in between paychecks. If you’re lucky, you are able to make the minimum payment on all your high interest credit cards and your never-ending student loan debt.
People have been in your shoes and owed as much as you do – and still were able to get out of debt by following a plan. There are several tactics that you can use to change your current money situation but none of them are quick and easy.
1. Refuse To Use Your Credit Cards2. Create A Budget That Actually Works3. Separate Your Needs From Your Wants To Get Out Of Debt4. Check Your Credit Report To Find All Of Your Debt5. Build An Emergency Fund Before You Pay Off Debt6. Use The Debt Avalanche Or Debt Snowball Method To Pay Off Debt7. Negotiate With Credit Card Companies To Settle Your Debt8. Increase Your Income To Get Out Of Debt9. Save Money On Everyday Purchases