5 Smart Debt Management Strategies to Achieve Financial Freedom
LAMBERTY PYLE & ASSOCIATES LLP
Debt Management: 5 Smart Strategies
➤ List and Prioritise debts by interest rate— tackle high-interest loans first.
➤ Snowball or Avalanche method—choose what suits your motivation or savings.
➤ Set a Realistic Budget - allocate a fixed amount toward repayments.
➤ Avoid New Debt—pause credit card use during repayment.
➤ Negotiate Terms with lenders—look for lower rates or EMI restructuring.
