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Difference between revisions of "You Have Options for Getting Out of Debt"
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You Have Options for Getting Out of Debt (view source)
Revision as of 01:08, 7 November 2023
, 01:08, 7 November 2023→Option 1. Budgeting out of debt
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Compare your totals for income and expenses. If you’re spending more than what’s coming in, try to cut back on any non-essential spending. For each expense, ask yourself: do I want this, or do I need it? | Compare your totals for income and expenses. If you’re spending more than what’s coming in, try to cut back on any non-essential spending. For each expense, ask yourself: do I want this, or do I need it? | ||
We provide more detailed guidance on making a budget. See [https://www.peopleslawschool.ca/ | We provide more detailed guidance on making a budget. See [https://www.peopleslawschool.ca/budgeting-out-of-debt/ budgeting out of debt]. | ||
===Option 2. Negotiate with your creditors=== | ===Option 2. Negotiate with your creditors=== | ||