#48 : Bengaluru - 19 August 2025 at 7:54 am
To get out of debt quickly:
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List your debts from smallest to largest (debt snowball) or by interest rate (debt avalanche).
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Make minimum payments on all but one.
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Focus all extra money on paying off the target debt.
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Cut unnecessary spending and increase income through side gigs or freelancing.
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Avoid new debt and consider debt consolidation if interest rates are high.
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