Credit and debt are a necessary part of most people’s lives. The key is having a plan to manage them. Here are a few tips from Cricket and Acorns to help you stress less and pay off more.
1. Create a plan.
List out your debts and decide the best way to tackle them. The ″avalanche” method means paying them down in order from the debt with the highest interest rate to the lowest. With the “snowball” method, you pay down from your highest balance to your lowest.
2. Consolidate your balances.
Transferring your high-rate card debts to one new card with a low-