Debt Reduction Strategies
If you are feeling the weight of debt, don't hop helplessly! 🐸 Here are some strategies to help you manage and reduce your debt effectively:
- Know Your Debt: Make a list of all your debts with interest rates.
- Create a Budget: Allocate extra towards debts with the highest interest.
- Debt Snowball: Pay off smallest debts first to build momentum.
- Negotiate with Creditors: They may agree to lower your interest rates.
- Consolidate: Combine debts for easier management.