5 Debt Management Solutions for Every Budget
Whether you're dealing with credit card debt, student loans, or medical bills, these strategies can help you regain control:
- Debt Snowball Method: Pay minimums on all debts, then attack the smallest balance first for psychological wins
- Debt Avalanche Strategy: Focus on highest interest rate debts first to save money long-term
- Balance Transfer Cards: Consolidate high-interest debt onto 0% APR promotional cards
- Debt Consolidation Loans: Combine multiple debts into one lower-interest payment
- Professional Credit Counseling: Work with certified counselors for personalized debt management plans