3 simple ways to getting out of debt without hating yourself
Debt can prevent you from attaining your financial goals. Here is a simple guide on how to avoid it.
Here is a guide on how to get out of debt.
1. Assess the debt
If you are owing more than one persons, identify them and take stock of exactly how much you owe each of them. You’ll need to arrange your debt according to priority. You need to know which out of your debt is more important to settle first.
ADVERTISEMENT
2. Get rid of whatever gets you into debt
Paying off your debt is not enough, you also need to get rid of any habit that pushes or forces you to take a loan. If impulse buying is the main reason you always get into debt, it is important you stop it because it is the only solution to your chronic debt.
3 Make enough money to avoid debt
To stop yourself from going to friends and family members to borrow money, you need to look for other means to make more money. You can create a side hustle which would make you extra income, or you could sell old stuff around your home. This would help you pay your debt even faster than you expect.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Proven practices to extend your phone battery life
Here's 1 thing you probably should never drink when on a plane
Toke Makinwa plans to take over the world with her new perfume line
6 sweet things you can do for your girlfriend this Mother's Day
10 poses to try with your girlfriend if she's taller than you
10 foods to avoid before bed for a good night's sleep
Remains of two Uganda Martyrs set to be returned from Rome
7 things men do when they don’t love you
What to know about existential crisis and how to cope with it
5 easy steps to make barbecue chicken wings better than restaurants
How to make palm nut cream for your palm nut soup
7 common food allergies most people don't know they have
Pulse Sports
DAVID AND VICTORIA BECKHAM: How the global soccer superstar and the Spice Girl-turned-fashion designer make and spend their millions
Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen
Mikel Obi: Super Eagles legend goes viral speaking Hausa
Anthony Joshua: Nigerian-born boxer teams up with Mariah Carey, Naomi Campbell and Cuppy in France
ADVERTISEMENT