DON’T GIVE UP

Finweek English Edition - - MONEY -

Mwan­di­ambira says that in or­der to get out of debt fast, you have to keep try­ing. “You must persist in low­er­ing your ex­penses un­til you are spend­ing less than you earn. It may take you months or years to achieve this, but ev­ery lit­tle step in the right di­rec­tion is a victory. You did not ac­cu­mu­late all your debt in a short pe­riod, so avoid quick fix plans that are hard to main­tain. Con­sult the ex­per­tise of a CFP pro­fes­sional for a tai­lored plan that fea­si­bly helps you end your debt cy­cle.”

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