Do you want to repair your poor credit score, but you’ve got no idea where to start? Are you overwhelmed by everything you need to do to start saving money, improving your credit and get out of debt?
Finances can be intimidating. Getting out of debt can feel impossible and boosting your credit score can feel like taking a shot in the dark. After all, how can you successfully improve your score quickly, without getting into more debt in the long run?
You’ve tried to save before, but the changes just haven’t stuck. You’re further in debt than ever, but you’re ready to turn your life around once and for all.
So how do you make clear, well-informed decisions that increase your credit score and improve your financial health? How can you finally feel in control of your savings, instead of worrying about your credit card debt?
That’s where we come in.
We’ve been there, and we’re here to help you change your life. From consolidating your debt, paying it off quicker and making positive lifestyle changes, we've got you covered.
DOWNLOAD: Credit Repair: How to Repair Your Credit, Boost Your Credit, Overcome Credit Card Debt Forever & Protect Your Financial Freedom
In Credit Repair, Armani Murphy shows you how to successfully pay off your debt once and for all, through proven financial strategies. These strategies will help you save more, understand how debt consolidation and credit scores work, and put them into practice in your own life.
In this book, you’ll learn in-depth about:
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Introduction: Personal Notes from the Author
1. Secrets to Getting Out of Debt Fast
2. 6 Ways To Improve Your Credit Score
3. Creating a Budget (And 6 Investment Strategies!)
Get 2 summary books FREE. Visit:
Copyright 2020 by Armani Murphy - All Rights Reserved
This book is geared towards providing accurate and reliable information with regard to the topic covered. The publication is sold with the idea that the publisher is not required to render accounting, officially permitted, or otherwise, qualified services. If advice is necessary, legal or professional, a practiced individual in the profession should be ordered. From a Declaration of Principles that was accepted and approved equally by a Committee of the American Bar Association and a Committee of Publishers and Associations.
In no way is it legal to reproduce, duplicate, or transmit any part of this document in either electronic means or in printed format. Recording of this publication is strictly prohibited and any storage of this document is not allowed unless with written permission from the publisher. All rights reserved.
The information provided herein is stated to be truthful and consistent, in that any liability, in terms of inattention or otherwise, by any usage or abuse of any policies, processes, or directions contained within is the solitary and utter responsibility of the recipient reader. Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly.
The information herein is offered for informational purposes solely, and is universal as so. The presentation of the information is without contract or any type of guarantee assurance.
Created with Vellum
The average American is in huge amounts of debt, and until very recently, I was too! It took me years to build up my credit score, pay off my credit card debt and turn my life around.
I made a lot of mistakes on my journey, and I could have gotten out of financial trouble a lot sooner if I’d had someone telling me the secrets to becoming debt-free.
That’s why I’m writing this book. I want to help make your journey as quick and easy as possible!
If you’re struggling with a poor credit score, but you have no idea where to start, then keep reading. It can be easy to feel overwhelmed by everything, and finances can feel intimidating, but I’ve done the hard yards for you.
Having a low credit score and being in the debt-trap can feel frustrating, exhausting and impossible. It’s easy to give up hope and throw away the towel.
So, if you’ve tried to save before, but the changes just haven’t stuck, don’t worry. I’ll teach you how to make lasting lifestyle changes through realistic budgeting and clear strategies for financial success.
In this book, we’ll talk about:14 ways to get out of debt fast5 steps to building an effective budget (and how to stick to it!)Secrets to saving for long-term financial freedom and successThe critical difference between good and bad debtWhat a credit score is, and proven secrets to improving it
Are you ready to take control of your finances?
Great- let’s jump right in!
You want to pay off your debt and you want to do it as soon as possible. That’s why, in this chapter, we’re going to look at 14 ways that you can start getting out of debt fast! From selling your things to consolidation loans, we’re here to help you start moving on your debt-reduction plan!
14 Ways to Get Out of Debt Faster
1. Don’t Create More Debt
2. Review Your Debts
3. Track Your Spending
5. Cut Spending on Small Expenses
6. Cut Spending on Big-Ticket Expenses
7. Consolidate Your Debts
8. Pay Off as Much as Possible
9. Use the Snowball Method
11.Live on Less
12.Start Selling Your Things
13.Get a Part-Time Job
14.Lower Your Interest Rates
Don’t Create More Debt
Before we start looking at how to get rid of your existing debt, you need to make the commitment to start living within your means. When you’re already in debt, you don’t need to be digging yourself deeper into the financial hole.
You need to make sure that you’re not creating even more debt for yourself, or your attempts at getting out of it are going to be a never-ending cycle (and that can be so disheartening).
If you want to stay debt-free, there are several options. Maybe you can switch to a cash-only policy or start using debit cards instead of credit cards. We will go in-depth into the process of creating a budget later, but you need to make the commitment now, at the beginning of this book, to stop spending outside of your means. Once you’ve done that, the whole process is going to be so much easier for you.
Review Your Debts
Now that you’ve made your commitment, you need to evaluate your current financial position. How much debt do you currently have? Pay careful attention to credit card debt and other high-interest loans that you might have.
If you have a mortgage or student loans, it is important to consider these too and write them down. Get a very clear position of your debt, your most urgent payments and how much you actually owe.
It can also be very useful to write them down in order of the interest rate, as well as the loan balance. Credit card debt, for example, is something that you should aim to pay off immediately, where a mortgage won’t hurt your credit score, as long as you are making your regular payments on it.
Get clear about which debts are your worst ones, so you know where you need to focus your attention.
Track Your Spending
Now that you have a good idea of your debts, and what you need to be working on, it’s time to take a good, hard look at your spending habits. When you are trying to get out of debt and pay off what you owe, it’s important to understand your spending before you start trying to cut down on it.
For example, you might not realize how much money you are spending on takeout, or how many subscriptions you have, but don’t use. Having a good idea of your bills can help you view them in a more realistic light.
There are plenty of online tools that will integrate with your bank account and track your spending. Otherwise, keep your receipts and just write down your spending. You need to do this for at least thirty days, in order to get a realistic estimate of your spending.
Once you have tracked everything, you through your expenses and spending and determine which expenses are fixed, and which are variable. Your mortgage or rent, for example, will be a fixed expense, while your groceries will typically be a variable expense.
Understanding your current spending will help your budget later and is essential in making the right changes in your lifestyle. You’ll definitely need to reduce your spending if you want to get out of debt and boost your credit rating, and by tracking your spending, you’ll be able to see where you have room for these reductions.
Now that you have a clear idea of your debt and your spending, you need to evaluate your monthly payments, when it comes to your debt. How much do you need to pay off each month, on each loan, to keep up with your debt?
Once you have that number written down, look at your ‘worst’ debt, the one that you want to pay off quickly. Use a debt calculator (search for online), to see how much money you need to be paying each month, to pay this debt off faster.
While it is imperative that you keep paying off every loan, it can be useful to know how much extra you should be putting down each month. If you have this number, you’ll be able to cut your spending and budget in a realistic way. After all, you want to get out of debt as quickly as possible, right?
„Ich bin wirklich begeistert. Auch die Möglichkeit des zusätzlichen eReaders im Abo finde ich persönlich toll.”
„Die Auswahl von Legimi ist großartig.”
„Der Leser findet seine E-Books/Hörbücher sehr schnell und sie lassen sich, ob mit oder ohne Internetverbindung problemlos öffnen.”
Wurm sucht Buch
„Ich finde das Angebot von Legimi richtig toll.”
„Besonders schön finde ich die große Auswahl an möglichen Abo-Modellen und besonders die Abos mit eReader.”
Miss Foxy Reads
„Ich muss sagen, dass ich von dem E-Reader mehr als positiv überrascht bin.”
„Das ist wirklich eine großartige Idee und mal was ganz Anderes.”
Mikka liest das Leben...
Tausende von E-Books und Hörbücher
Ihre Zahl wächst ständig und Sie haben eine Fixpreisgarantie.
Sie haben über uns geschrieben:
Dabei gewährt der E-Book-Anbieter größtmögliche Freiheiten
Größter Vorteil die Möglichkeit, in der aktuellen App komfortabel zwischen E-Book und Hörbuchversion eines Titels
Spotify for E-Books