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Basics Beginner: Managing Your Debt

Introduction to Managing Your Debt How Much Debt Can You Handle? Understanding the Minimum Monthly Payments on Your Debt Manage Your Debt by Creating a Spending Plan, and Stick to It Create a Plan to Get Out of Debt Trading Unmanageable Debt for Manageable Debt Refinancing and Consolidating Your Debts Finding Help in Managing Debt When You Need More Help with Your Debt: Counseling and Bankruptcy Summary of Managing Your Debt
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Introduction to Managing Your Debt

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There is hope if you are in debt. Try these suggestions to deal with your debt and get on the road to wealth.

What you will learn

  • How Much Debt Can You Handle?
  • Understanding the Minimum Monthly Payments on Your Debt
  • Manage Your Debt by Creating a Spending Plan, and Stick to It
  • Create a Plan to Get Out of Debt
  • Trading Unmanageable Debt for Manageable Debt
  • Refinancing and Consolidating Your Debts
  • Finding Help in Managing Debt
  • When You Need More Help with Your Debt: Counseling and Bankruptcy

What do you know?

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Introduction to Managing Your Debt

If you find that there is still a week or two until your next paycheck and you’re already broke, you may be suffering from too much debt. It’s easy to fall into this trap. However, there is hope. And if you don’t have much debt at all, it pays to have the tools to make sure you keep your debt at a manageable level.

The way out of debt is lighted by a clear understanding of the reasons people fall into the trap. You need to know how much debt you can handle and the difference between manageable and unmanageable debt.

Sometimes it is not possible to handle this alone. In that case you need to know who you can turn to for help in getting out of debt.