How to Pay Off Your Credit Card Debt: 4 Easy Steps to Follow Regardless of Your Income

Paying off your credit card debt isn’t as hard as it seems. Once you get clear on how much you owe, choose a pay-down plan, and decide to stick to the plan…you’ll be on your way towards debt-freedom! It may take sacrifice, cutting back, and even increasing your income but it’ll be worth it. I hope this video inspires you to aggressively pay off your credit card debt because the quicker you pay it off, the sooner you’ll have more money for the future you!

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TIMESTAMPS:
0:00 Intro
1:46 Get Good w/ Money Ch. 4
3:56 Digging out of debt- 4 things to do
4:16 Identify your debt
7:47 Understanding interest rates
10:38 Restructure your debt
15:22 Snowball vs. Avalanche Method
21:41 Automate the plan
22:26 Debt-free doesn’t equal wealth
23:32 Recap/ Outro

Keywords: personal finance, credit card debt, credit cards, debt snowball, debt avalanche method, snowball method, financial goals, credit, financial independence, budgeting for beginners, money management, financial literacy.

#FinancialFreedom #MoneyManagement #PersonalFinance

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