Creating a debt repayment plan can lighten your financial burden from "summary" of Real Life Money: the Journal by Clare Seal
The idea of creating a debt repayment plan is to alleviate the weight of financial strain that debt can bring into our lives. When we are faced with debt, it can feel overwhelming and suffocating, like a heavy burden that we carry around with us every day. However, by taking the time to create a structured plan for paying off our debts, we can start to see a way out of the darkness and into the light. A debt repayment plan involves looking at all of our debts, big and small, and figuring out a strategy for tackling them one by one. This could mean prioritizing high-interest debts first, or focusing on debts with the smallest balances to create a sense of accomplishment as we pay them off. The key is to have a clear roadmap of how we are going to become debt-free, so that we can stay focused and motivated along the way. B...
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