PEOPLE struggling with debt know how stressful it can be, but there are ways you can get help to pay it off. The cost of living crisis has been tough on everyone and more people are now facing moun…
"An essential first step is to always create a budget listing all your income and all your priority debts and necessary expenses.
The more detailed you can be, the better. If you know exactly what dates payment are due to come out yourOnce you know your money you have to play with each month from yourThese are what Jonathan refers to as "priority debts" and refer to bills or other important payments you have fallen behind on. Another way to tackle what you owe is to focus on the priciest debt pile, after paying off the priority payments., so once you've paid off your priorities, move on to your most expensive debts.
That means that ticking off these piles will enable you to move on to others which have less potential to rack up big"If you don’t have enough in your budget to cover the previous steps, don’t worry," Jonathan explained.
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