Financial planner shares tips to tackling post holiday debt

By  | 

FLINT (WJRT) (12/9/18) -- Financial planner Michael Foguth with Foguth Financial stops by the ABC12 studios to talk about tips to tackling post holiday debt.

Those tips are as follows:

1. Set a goal. How many credit cards need to be paid off and by what date?

2. Make a plan. Utilize the snowball effect. Get a part-time job. Think about consolidating debt.

3. Tell someone. Tell a trusting person your goal and plan. They will help you stay on track!

4. Create a reward. Set one cheat day a week.

5. Utilize technology. Set reminders on your phone. Use automatic bill pay.

For more information, click the video player above.



 
Comments are posted from viewers like you and do not always reflect the views of this station. powered by Disqus