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Dealing With Credit Card Debt When You’re in Over Your Head by Kumiko of The Budget Mom on Financial Recovery
Description
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Episode 3437:
Kumiko shares practical, experience-driven strategies for regaining control when credit card debt spirals out of control. From acknowledging the issue and building a debt payoff plan to considering consolidation options, she offers both emotional support and tactical advice to help you become debt-free and financially empowered.
Read along with the original article(s) here: https://www.thebudgetmom.com/dealing-with-credit-card-debt-when-youre-in-over-your-head/
Quotes to ponder:
"You can’t successfully pay off debt and stay debt free without a budget. A budget is the foundation on which any successful debt elimination plan is built."
"Be sure to shop around for the best deal before you commit to a lender."
"The last thing you want to do is pay off your existing credit card balances then rack up more debt. That’s a recipe for financial trouble in the future."
Episode references:
Credible: https://www.credible.com
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