Difficult, but not impossible! A few sacrifices are sometimes worth it to ensure a better financial
situation and a more serene life.
One of the secrets: fasten your seat belt. No, sorry, I meant “tighten” your belt. Evaluate your
expenses and see, realistically, which items you can reduce. Cinema, restaurant, leisure, sport,
clothing? And yes, it’s not pleasant, nor easy, but tell yourself that it’s temporary. Courage !
Reduce your expenses, yes, but also try to increase your resources: overtime, Sunday job, salary
increase, and you probably also have some treasures to sell that you don’t think about.
Repay as much as possible and as quickly as possible. Do not hesitate to use any additional
income, bonus or otherwise, to accelerate repayments, naturally starting with debts with the
highest rates.
Take stock of your debts. Repay those with the highest interest rate first, this is what “drains”
your budget.
Consider renegotiating all your debts into a single loan, with the lowest possible interest rate. You
will gain interest rates and make your life easier.
Your creditors are not your enemies. They can be open to dialogue. Talk with them to try to
reduce interest rates and explore an easier repayment plan for you. It is also in their interest that
you are better able to honor your debt.
And above all, be vigilant, you have made efforts to clean up your financial situation, so now,
resist the tempting offers that will harass you!
anna billydog