Reducing Debt: Minimizing Financial Burdens

Create a budget and stick to it

Pay off high-interest debt first

Consider debt consolidation

Negotiate with creditors for lower interest rates

Avoid taking on new debt

Use credit cards responsibly

Make extra payments on loans

Consider a balance transfer credit card

Seek professional help if needed

Stay motivated and focused on your goal-Reducing Debt: Minimizing Financial Burdens

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manage your money and achieve financial stability. To reduce your debt, start by making a plan. Figure out which debts to pay