Frugal Friday - Week 16 - Cutting Down on Debt

Tip 1:  If you have multiple debts, focus on paying off those with the highest interest rates first. This will save you money in the long run.

Tip 2: If you have student loans, mortgages, or other significant debts, consider refinancing for a lower interest rate to reduce monthly payments.

Tip 3: Limit your use of credit cards to avoid building up debt. Use cash or a debit card instead, which will help you stay within your budget.