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How is your financial health?
Are you overdue for a financial health checkup? Do you dream about being financially independent, but struggle to believe that it’s actually possible for you? Are the bills piling up in your household? Are you afraid of the financial obligations that come with the next thing to go wrong in your life? Thankfully, there is hope. According to USA Today, nearly 2/3 of Americans are in debt. Of those, nearly half have stopped paying one or more of their credit cards. I don’t doubt the numbers are similar in Canada and around the world. If this is you, you might feel like your situation is hopeless. But there is always…
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Tips for Handling Debt
If you’re looking for the coming year to be a better one for you financially, make the decision to let 2016 be the time you choose to get out of debt for good and stay out. Here are some tips for handling debt: Knowledge is power. Don’t avoid knowing where you stand with your debts. Write them down in order of balance owed. You can use a simple spreadsheet with columns of the debt name, amount owed, interest rate that you’re paying, and minimum amount due each month to keep it current. Decide how to pay off your bills. Write down how long it’ll take you to pay off them…
