
Debt Don't Live Here Anymore
Dailytimr
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<p><em><strong>S A U N A I E Presents D E B T DON'T LiVE HERE ANYMORE</strong></em></p> <p><em><strong>Quotes: Wake Up With Determination & Go to Sleep with Satisfaction.</strong></em></p> <p><em><strong>2nd: Regret is the thing we should fear most. Failure is an Answer. Rejection is an Answer. Regret is an Eternal Question you will never have the answer to. </strong></em></p> <p><em><strong>S E G M E N T S: DEBT DON'T LiVE HERE ANYMORE & 8 Tips</strong></em></p> <p><em><strong>- Americans are BURiED in Debt from Mortgages, Credit Cards, Personal Loans, Bills, and Student Loans, and the amount owed in total is on the rise. </strong></em></p> <p><em><strong>- In 2020, Experian reported that the average American owes approximately $92,727 in Total Debt—that's highest amount on record in the U.S. </strong></em></p> <p><em><strong>- Members of Generation X owes about $140,643, followed by Baby Boomers ($97,290) and Millennials ($87,448). </strong></em></p> <p><em><strong>Financial experts often recommend two ways to tackle debt. </strong></em></p> <p><em><strong>- The "Avalanche" method and the "Snowball" method. </strong></em></p> <p><em><strong>- An Avalanche approach means you Pay Off your Loans or Credit Cards with the Highest interest Rates First. You throw as much money as you can at them, and pay only the minimum on all your other loans. </strong></em></p> <p><em><strong>- The Snowball approach has you Tackle the Lowest Amount of Debt First, Pay it Off, and then Tackle the Next Loan.</strong></em></p> <p><em><strong>2ND SEGMENT: Tips On Eliminating Debt</strong></em></p> <p><em><strong>1. F A C E F A C T S</strong></em></p> <p><em><strong>- If you've been trying to make bills vanish by throwing them away unopened, then the 1st step is Accountability. You knew what you signed up for, this isn't your 1st rodeo or maybe it is but avoiding your bills won't make them go away. </strong></em></p> <p><em><strong>- Clear off your Desk or kitchen table and get out all you