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Are you wondering how to pay off debt with no money? According to Pew Charitable Trusts, 80% of Americans carry some form of debt, so you are not alone.

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Achieving your financial goals is easier if you have a decent income. You can probably get out of debt by making a few cutbacks and creating a budget.

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However, if you have a large amount of debt, you might want to consider picking up a temporary side hustle until you meet your goals.

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Create A Plan To Pay Off Your Debt

Once you've prioritized your debts, it's time to start making payments. If you can afford it, try to make more than the minimum payment on your debt each month. This will help you get out of debt faster.

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First, try to pay more than the minimum payments each month. This will help you reduce your debt more quickly.

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Second, make a budget and stick to it. This will help you avoid using your credit cards for unnecessary purchases.

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Finally, consider credit card balance transfer to a lower-interest card. This can help you save money on interest charges and get out of debt more quickly.

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