I wanna feel peaceful and content but have some debt to clear. how to proceed about it?

Answer 1

Pay off the account with the highest minimum balance first, and then once that is paid off, use that extra to pay off the second highest, and so on and so forth.

Answer 2

Pay off your highest interest debt first since this is costing you the most. Discipline yourself to spend LESS THAN you make. To feel peaceful and content, set up a savings account that holds 3-6 months' living expenses to cushion you if you should have an emergency or lose your job. Emergency fund accounts make for deep sleep. Good Luck!

Answer 3

The answere can be simple and it can be difficult and again it could be very very difficult. One are they debt that did not have
to be made? are they debt like cred cards, are they things that
you are just talking about it because you know it's there but you are not really doing any thing about it?? and finally DO YOU HAVE
A JOB??. Now let's start If all those things are no except do you have a job, that me en you have a job, then fine a cred councilor
and he or she will get in touch with all who you howed and have all
the lone in one payment but you will have to keep to those paym-ents until the lone is completed just don't agreed to more than you
can afford and your councilor should steared you accordingly. Now at the same time you should get reed of all those plastic in
your position and leave them alone>>>.

Answer 4

Find one more part time jobe and make sure to put that money strictly towards the debt you have. Stop eating from outside. This eats up a chunk of your money. Lead a simple life. Eventually this will become a way of your life and you will be peaceful and content. Donate to charity also.

Answer 5

You talk to the people that you owe money to and work out a monthly payment that you can afford to pay back and stick to that agreement. Get it put in writing. Then you will not have to worry about people chasing you for money as long as you stick to the agreement. If some months you can afford to pay more, then do so because that will get the debts paid off so much quicker. Dont make the mistake of taking another loan to pay off the first one, it does not work, it gets harder. Good luck

Answer 6

Well to start with, you should have a plan for future financial policy of yours. Make a plan giving preferences to various expenses, keep aside some money as urgent/disaster(personal) quota. you take out some money for daily needs. if u require 2 soaps a month, & so on, then you can count monthly expenses on daily needs, then on rents,food,transport,entertainment and all other things in priority order. IT SHUD B KEPT IN MIND THAT IF YOU WANT TO GET RID OF DEBT EARLY, YOU MUST PART WAYS WITH LESS IMP. EXPENSES & LUXURIES TO THE EXTENT NECESSARY. If you still dont match up, move up the priority order and go on cutting expences whereever possible to the extent necessary. ALWAYS REMEMBER THAT TO SAVE MONEY AND TO BCOME RICHER THAN YOU R, THERE R ONLY 2 WAYS 1) INCREASE THE INCOME & 2) DECREASE EXPENCES. You must study both these aspects & see where you can improve. Its always a hard work in begining but once the ball starts rolling, you shall b on top of your finances. you can enjoy more luxuries then than the ones you couldnt in d begining. IF BASE IS STRONG , BUILDING IS STABLE & STRONG TOO. SAME IS FOR FINANCES. BYE. TAKE CARE.

Answer 7

Start SIMPLE. Make a list of ALL your debts. Make a monthly budget. Start with how much you make. Plan which bills you can pay & write them down. Start subtracting. Don't forget to plan for things like food & gas as well as including all you regular bills (rent, power,phone&such). If you have very large bills break them down to smaller payments. Make sure to leave yourself some $$$ to play with. Do this with every payday. Cross off debts as they get paid off. You can even go so far as to use the enevelpe method. Put the money for each bill/debt in an enevolpe till you go pay it.

Answer 8

Check out the following website:

www.oprah.com/money/debtdiet

Or go to Oprah.com and look for debt diet. I know it's Oprah, but there is some very good tips and printable information on it. The main thing to remember is patience. It takes time to fix mistakes that were made in mere minutes. Unfortunately, sometimes hind site comes too late so to speak.

Answer 9

Do you want to go bankrupt? It really is not as bad as you may think... If not, pay off the card with the highest interest first, and work your way down the list... Also, call your credit card companies, talk to the customer service people, usually they can lower your monthly APR.

Good luck and Happy New Year

Answer 10

having some debt if u are peacful and content then it is not a big debt.
don't worry.
u will gain much peace by clearing it.