How to Get Out of Debt: Step Two

How to Get Out of Debt: Step Two

Debt, How to Get Out of Debt
This is the second instalment in a series of posts called How to Get Out of Debt. You can find part one here. It details the specific realisations, steps, and behaviour changes that have seen me begin my journey to become debt-free. At the end of 2015, I had bottomed out with around $60,000 in debt. I currently pay about 60% of my income towards my debt, and have paid off around $16,000 at the time of this post. Needless to say, I’m not a professional, and this is my personal experience only. As I've mentioned before, there are two parts to the equation of getting out of debt, and it's up to you whether you choose one or the other or both. Your myriad choices are: Earn more Spend less…
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How to Get Out of Debt: Step One

How to Get Out of Debt: Step One

Debt, How to Get Out of Debt, My story
  This is the first in a series of posts called How to Get Out of Debt. It details the specific realisations, steps, and behaviour changes that have seen me begin my journey to become debt-free. At the end of 2015, I had bottomed out with around $60,000 in debt. I currently pay about 60% of my income towards my debt, and have paid off around $16,000 at the time of this post. Needless to say, I’m not a professional, and this is my personal experience only. Without exaggeration, I could probably count on one hand the number of times I looked at a credit card statement before I turned 28. And I certainly didn’t log into my internet banking to seek out the information myself. The only time I’d look at…
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