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.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Four arrested after fatal crash that killed three including four-year-old boyFour people have been arrested following a fatal car crash near Bewdley and Kidderminster that killed three people, including a four-year-old boy.
Read more »
Road reopens after four arrested over fatal crash that killed three including four-year-old boyFour people have been arrested following a fatal car crash near Bewdley and Kidderminster that killed three people, including a four-year-old boy.
Read more »
Rhyl: Four people deny attempted murderThe alleged attack last month in Rhyl, Denbighshire, and one person was taken to hospital.
Read more »
'Large-scale' cannabis farm bust sees four people arrestedA large-scale cannabis factory was found inside a home in the early hours of the morning in Sheepcot Lane, Watford.
Read more »
Police release CCTV images after Watford violenceCCTV images have been released after violence erupted in Watford and four people were arrested.
Read more »
Streatham: Motorcyclist killed in hit-and-run crashThe man in his 40s was struck by a car at the junction of Valley Road, Leigham Road and Knollys Road in Streatham.
Read more »