How to Set Realistic Debt Relief Goals

Debt relief begins by setting realistic goals that you will focus on. These goals can be as simple as being debt free in 5 years or cutting back on spending by 25% or savings 30% of your income every month. Regardless of the details, you need to make sure that these are well thought out and best of all, achievable under your current financial standing. Otherwise, you may be setting yourself up for failure and more debt than when you started.

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