Financial planner shares tips to tackling post holiday debt

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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.

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