You’re in debt but dying to get out of it? Join the club!
Almost everyone who has to pay off the minimum amount on their credit card each month wishes their account wasn’t overdrawn. Unfortunately, dreams don’t come true when you have the national average of £8,000 debt on your back. It’s not as if you can click your fingers and, POOF, it’s gone. Plus, the tried and tested methods are okay yet don’t seem to get you very far. After all, transferring the balance only prolongs the pain.
What you need is unique and effective relief advice, and you find it underneath.
Get Divorced
Wait, what?! Talking to expert divorce solicitors is only an option when you want to split up for good. At least, that’s the conventional way to use a lawyer. Another option is to break up in the eyes of the law to provide more opportunities. Think about trying to buy a house as a couple. If you or your partner has terrible credit, then the amount on your mortgage will be low and you’ll need to find ways to borrow extra. When you’re not married, you can get an individual loan and the best possible rates. It’s drastic but it works.
Start Haggling
Bartering isn’t a secret, yet it is something people in the west don’t do too often. Go to the Middle East and everyone haggles over every penny. Considering every little helps, it’s worth the effort. Start by going to your creditors and asking them for a discount. This might sound cheeky and unrealistic, but they want their money back and will go to great lengths. For instance, they might eliminate the interest and set up a payment plan. Next, you can trade services. Does the flat that you rent need decorating? If so, tell the landlord you’ll do it for one month’s rent and put the money towards your debts.
Join Uber
Not as a customer but as a driver. The best way to get out of debt is to increase your earning potential. The bad news is it’s historically difficult to do due to a lack of time, skills and opportunities. However, Uber is in demand around the country and all you need is a car and a licence to get started. Once you are part of the family, you can choose hours to work during the week to boost your budget. You can make your own schedule so it’s flexible and lucrative at the same time.
Learn Something New
Anyone who doesn’t have the qualifications can get them by going back to school. After university, people traditionally find a job and settle down. You are different because you want to learn something new which is why you need to enrol again. Don’t go down the classical route, though. Instead, find an online course or one at a night university. That way, you can continue your day job while boosting your qualifications and (hopefully) searching for a new job.
Are you thinking outside of the box enough to eliminate your debt?
