The 3Ps of debt repayment

Augusta

VIP Contributor
It is always wise to pay up your debt when due but some times it isn't easy you can use these 3ps model to enable you pay up your debt.

Use the priority payment. this is about you first paying off the important bills making this payment can help you to avoid accruing any further debt which is great and repayment can be done easily.

Pay -off debts– This is about you paying your debts first to loan providers or banks which is a lot important than paying for unnecessary expenses, Doing this helps you do your debt repayments easily.

The last P is Plan a budget Thus is about eing aware of how much money you have and then plan your monthly expenses Making a repayment will be very easy with a planned budget.
 
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