))
How to Avoid Relying on Minimum Payments to Pay Off Credit Card Debt?
Manage episode 384173165 series 3503056
Content provided by Navya Bhandari. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Navya Bhandari or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
To avoid relying on minimum payments for credit card debt, prioritize paying more than the minimum each month. Create a budget to allocate additional funds to debt repayment. Consider transferring balances to a lower-interest card, if possible. Cut unnecessary expenses and increase your income to accelerate debt payoff. Developing a proactive repayment strategy helps prevent accumulating interest and pays down the debt faster.
9 episodes
Share
