As of late 2021, the average American has over $90,000 of debt. Whether or not you're part of that staggering statistic, over time, any amount of debt can take a toll on a person.
A budget can feel limiting and restrictive, but in reality, it's quite the contrary. Living on a budget offers you freedom. Creating a budget provides a plan for spending your money, and better yet, it provides you peace of mind.
Tell your accountability partner about your reasons for wanting to get out of debt and improve your finances. Ask them to check in with you periodically to assess your progress and reach out to them for advice when you feel discouraged.
Household expenses such as groceries, subscriptions, and entertainment can be drastically reduced (or even cut) to increase your monthly disposable income.
The internet has afforded our generation infinite opportunities to earn extra cash on the side or even to create a new business if you're entrepreneurial.