• Financial Health,  Good Life

    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…