Americans often carry significant debt, and as interest builds over time, the longer debt remains unpaid, the harder it becomes to eliminate.
But don’t worry—by creating a practical debt reduction plan, you can take control and start preparing for a brighter financial future.
Start small and tackle your smallest debts first to build momentum and free up funds for larger debts. This approach helps you pay off balances faster, saving both time and money.
Without a structured debt reduction strategy, debt repayment can take much longer and cost significantly more due to accumulating interest. A lack of focus can also lead to missed opportunities for faster progress and financial freedom.
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