This Independence Day Month, uncover strategies to crush debt and secure financial freedom!
List all your debts, interest rates, and due dates. Knowing your financial reality is the first step to tackling debt.
Track every rupee. Identify wasteful spending and create a realistic budget to regain financial control.
Pay off the smallest debts first. Quick wins will boost your motivation and help you build momentum to tackle larger debts.
The Avalanche method focuses on high-interest debts first to save on interest and reduce overall debt faster.
You can boost income by taking on side gigs, and freelance jobs, and sell unused items. Every extra rupee earned can go directly to debt repayment.
Save a bit each month in a separate account for unexpected expenses. This will prevent falling back into debt during emergencies.
By following these steps, you can achieve financial independence. Face your debts, budget wisely, and stay committed to being debt-free!