Want to Get Out of Debt Fast? Avoid These Classic Mistakes

Who wouldn't want to get out of debt fast? Avoid these classic mistakes and make it happen!Who wouldn’t want to get out of debt fast?

Debt can be an enormous burden, one that weighs on you and holds you back from many opportunities. So of course, the quicker you can change that, the better.

The only problem with that is, when your main goal is to get out of debt fast, sometimes you can lose objectivity or be tempted into things that aren’t such great ideas.

That means that often what seems like the slowest way is actually the fastest, and vice versa.
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Crush Debt with the Unstoppable One-Bite Method

Food for thought! Crush debt using the one-bite methodReady to crush debt? Learn the unstoppable one-bite method that can help you make it happen! It’s surprisingly simple to do, but the why behind it is most important.

So first let’s talk about an old proverb that goes like this: How do you eat an elephant? One bite at a time.

The proverb relates because like elephants, debt can be huge and overwhelming. It can take up a lot of space, mentally and emotionally.

That means you can’t pretend the elephant’s not in the room. And once you do bite into the elephant, you can’t stand there staring up at it, feeling overwhelmed by how large it is and depressed about how you’ve only taken a tiny little bite so far and there’s so much left.

No, you’ve got to stare at that one bite and think, “I took a bite out of an elephant! How many people ever do that? Go me!”

You’ve got to celebrate every little bit of progress.

And then do it again, ’til one day you’ll have polished off the whole thing.
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Pay Off Your House Faster with Biweekly Mortgage Payments

If you want to pay off your house faster, biweekly mortgage payments can help you do it.If you’d rather pay less interest AND pay off your house faster, you’ll want to know about biweekly mortgage payments.

Biweekly mortgage payments are an easy way to save massive money on interest – without breaking the bank!

Especially since only making your standard house payment for 30 years can cost thousands of dollars in interest. (Sometimes double the purchase price of your home.)
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Debt Snowball vs Debt Avalanche: Which One Should You Use?

Is it better to use the debt snowball vs debt avalanche to get out of debt?You’re ready to pay off debt, but what’s the best way to go about it? Should you use the debt snowball method or the debt avalanche?

Spoiler alert:

If you’ve been in debt for a long time and want to get out of debt for good, the debt snowball is highly likely to be best debt reduction method for you. (I’ll go into why later.)

But there’s more to it than that, so read on for details, especially if “but won’t I pay more interest if I use a debt snowball instead of a debt avalanche?” just popped into your head.
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