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Five tips for paying off debt · 1. Create a budget plan · 2. Pay more than your minimum balance · 3. Pay in cash rather than by credit card · 4. Sell unwanted items. This method focuses on paying off the debt with the highest interest rate first. After that's paid, you shift to the debt with the next highest interest rate. 4. Use your tax refund check to pay down debt · 5. Sell items for cash · 6. Consider cashing in your life insurance · 7. Make more money · 8. Do a credit card.

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12 of the Fastest and Most Effective Ways to Get Out of Debt & Pay Down Debt · 1. Pay More Than the Minimum · 2. Spend Less Than You Plan to Spend · 3. Pay Off. 4 strategies to pay off credit card debt faster ; Target one debt at a time · Focus on high-interest debt · Try the snowball method ; Consolidate debt · Transfer. Tips for paying off debt · 1. Stick to a budget · 2. Start an emergency savings account · 3. Reduce monthly bills · 4. Earn extra cash · 5. Explore debt relief.

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Use these free tools and tips to help you pay off debt. Start by knowing your budget. Then trim your bills and earn more money. Juggling several debts? The quickest way to get out of debt fast is to pay off the debt with the highest interest rate first, such as credit cards or hire. Pay as much as you can each month If you can make higher repayments each month, you will pay off the debt faster and save money. Work out the fastest way to.