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How to Become Debt Free: The Best Method
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[QUOTE="Mika, post: 265678, member: 29399"] There are numerous ways to become debt free. Never get into debt no matter what: Pay your smaller debt first, and then focus on bigger debts Pay high-interest loans first and once you clear your loan, start paying a low-interest loan Never buy liabilities with your loan Always use your loan to invest or buy assets. Don't spend money on nonsense things like going on a vacation, buying luxury items, etc. when you already have a huge outstanding loan. Cut your living cost. If you can save money on rent by moving to a smaller home, don't hesitate to do that. Instead of buying packaged food, or dining out, start making your own food and save money on food bills. So, basically, in order to pay your debt and live a debt-free life, you need to cist your expenses When you cut your living cost, you can save a lot of money and you can start paying your debt. [/QUOTE]
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How to Become Debt Free: The Best Method
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