Smart money moves to pay off your debt faster
Kick Debt to the Curb
Without getting another job
Paying off debt would be a lot easier if the rest of your life cooperated. But even one unexpected bill can throw a wrench in your budget and leave you scrambling to make the minimum payment. That means the interest keeps piling on, and you're stuck trying to catch up every month. Pretty soon it feels like you're running in place.
It's not just you. Credit card balances were 5.75% higher in the third quarter than they were a year ago, according to the Federal Reserve, and now total $1.23 trillion.
The best way to start making progress on your own debt is to put more money toward your balance each month. But who has the time (or energy) for another job? And asking for a raise in this economy? Uh, sure.
The good news is there are other ways to make the extra money you need. We rounded up the best options for this month, including some that are as easy as snagging a welcome bonus for opening a bank account. So you can put a dent in your debt and get back to life.
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