{"id":3625,"date":"2023-01-27T17:34:16","date_gmt":"2023-01-27T17:34:16","guid":{"rendered":"https:\/\/www.beyondfinance.com\/blog\/?p=3625"},"modified":"2023-12-12T15:59:45","modified_gmt":"2023-12-12T15:59:45","slug":"are-you-full-from-leftover-debt-four-tips-to-clearing-your-plate-this-year","status":"publish","type":"post","link":"https:\/\/www.beyondfinance.com\/blog\/are-you-full-from-leftover-debt-four-tips-to-clearing-your-plate-this-year\/","title":{"rendered":"Are You Full From Leftover Debt? Four Tips to Clearing Your Plate This Year"},"content":{"rendered":"\n

Now that the holiday season has passed and you have restored some normalcy to life, it\u2019s time to look at your finances and discuss what has been keeping you up at night: leftover debt<\/strong>. <\/p>\n\n\n\n

Beyond Finance<\/a> understands the financial stress and strain that comes with money owed on credit card bills, creditors calling multiple times a day, and attempts to make more than minimum payments. We have helped many clients<\/a> get out of these same situations.<\/p>\n\n\n\n

You are not alone in this debt cycle. According to Nerdwallet<\/a>, nearly 7 in 10 Americans have financial concerns about the next 12 months, with a top concern is having to go into debt, or deeper in debt, to cover necessities. There is certainly no shame in saying that you need guidance in moving beyond your debt. <\/p>\n\n\n\n

Remember when cell phone companies would allow you to \u201crollover\u201d your unused minutes from the last month?  Back then, it felt like you hit the jackpot. Leftover debt is exactly the opposite. You do all that work in the previous month, only to be left feeling there\u2019s no hope for your financial wellness.<\/p>\n\n\n\n

What you may not realize is there is hope. Why? You <\/strong>can <\/em><\/strong>eliminate your leftover debt! <\/strong><\/p>\n\n\n\n

1. Take Inventory of Your Creditors<\/h2>\n\n\n
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\"Taking<\/figure>\n<\/div>\n\n\n

Sometimes when you have several outstanding balances, it can be challenging to keep up with the payments, And then, there\u2019s the inflated interest rate or even being penalized for not paying on time. <\/p>\n\n\n\n

Start getting rid of leftover debt by organizing this information and planning to do better. It can help you sort out what takes priority and discover new options for ensuring your creditors get paid sooner.<\/p>\n\n\n\n

2. Operate as a Business<\/h2>\n\n\n
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\"Make<\/figure>\n<\/div>\n\n\n

When you think about business in your favorite retail stores or even your job, ask yourself a couple of questions: <\/p>\n\n\n\n