A Real Roadmap to help pay off debts faster:
‼️Comment “LEARN” if you’re interested in increasing your monthly income
If you’re currently in debt, then you’re using one of these strategies to pay them off:
1️⃣The snowball method: you pay off your smallest debt first, then the second smallest debt and so on.
This method may feel emotionally satisfying, but the truth is the interest rates from the larger debts are only making your debt worse. So it’s better to follow method 2:
2️⃣ Avalanche method: pay off the debt with the highest interest rate FIRST.
If you use this method, you’ll prevent the interest rates from piling up your debts too fast.
ON TOP OF THAT: we can try to INCREASE your income!
Follow these steps:
Step 1️⃣: Track your income and expenses.
Step 2️⃣: Follow the avalanche method
Step 3️⃣: Try to reduce your expenses
Step 4️⃣: Increase your income
I can give you a Roadmap for step 4 that will help you pay off your debs faster.
‼️Comment “LEARN” if you’re interested in increasing your monthly income
✅ FOLLOW FOR MORE ✅ @your.wealthbff
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📣 Disclaimer: my results do not guarantee your results. This is a real business. My results come from hard work, dedication and consistency.
