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The best ways to manage debt
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[QUOTE="Etini, post: 278394, member: 90141"] I would disagree with your first line. Debt is never an inevitable part of life. There are people that I know who can confidently beat their chest that they owe no one. That is the kind of life I want to live in the very near future. Debt puts pressure on a person. To manage debts, I would say that you should strategize on an efficient repayment plan and be disciplined toward sticking to it. If you are owing $10,000 and you are very sure you can conveniently pay $500 every month, please try and be committed to meeting up. With every repayment, the burden is reduced. And please try as much as you can not to incur another liability as you are trying to pay off a debt. A liability is anything that would take money from you to maintain itself. It would be hard to meet up with your debt repayment with expenses on a liability. [/QUOTE]
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