The decision to get yourself out of debt is a life changer, if you are willing to make the necessary commitment that goes with that. You can learn how to get out of debt and how to avoid the mistakes that could torpedo the whole thing. Getting out of debt involves more than just paying off a few credit cards. It means changing spending habits; learning to how to budget; knowing who and how much you owe; prioritizing debts; creating emergency and retirement funds; and knowing where to find help when you get off track. In other words, there are a lot of decisions that need to be made and it’s possible – if not probable – you’ll make some mistakes along the way. Here are some you can avoid that will make it easier to get out of debt.
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