Carrying debt into retirement can strain your finances—here’s how to strategically pay it down and protect your fixed income.
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Effective strategies for getting out of debt
To pay off debt, you need to know how much you owe, how much you’re spending and where you can cut costs. The debt avalanche and snowball methods are popular debt repayment strategies. A debt ...
Paying off debt requires commitment and patience. You'll need to carefully review your current debts, spending and budget and understand the available options you have at your disposal. With this ...
Debt freedom is a goal you can reach. As you begin your debt payoff journey, changing how you manage and spend your money could get you there even faster. A bare-bones budget is a great way to ...
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The Debt Avalanche Strategy: A High-Octane Approach to Debt Elimination
Learn how to accelerate your debt payoff journey with the high-octane Debt Avalanche Strategy, which focuses on paying off ...
Could your debt be reduced or forgiven? Take our financial relief quiz. According to a review of in-house data by Experian in 2025, the average American holds over $105,000 in debt. From car loans to ...
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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...
George Kamel is an author, podcast host, and radio show personality who works at Ramsey Solutions, Dave Ramsey’s financial education company located in Tennessee. Kamel promotes the money lessons ...
Managing multiple debts at once is rarely a simple task, but doing so has become even more complicated in today's tough economic environment. Elevated interest rates, higher everyday costs and the ...
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