During these precarious economic times, it can be quite challenging to reduce your debt. However, it’s not impossible! As a matter of fact, according to the Federal Reserve Bank of New York, total household debt decreased by $34 billion in the second quarter of this year, and credit card balances actually fell by $76 billion.
Due to the coronavirus situation, people tend to spend less now and this can translate to a decrease in debt. Plus, nowadays people opt for debt-killing strategies… because who doesn’t want to be debt free? 🙂
So, if you’re also looking for debt-killing tips, look no further than this article—it will most definitely help you!
