Debt is daunting, whether it’s from a loan or from your credit card purchases. However, when you’re struggling with student loan debt and credit card debt, bringing that amount down can almost feel impossible. Here are some tips for managing those two types of debt alongside one another.
- Plan. Figure out how much money you have coming in, and then create a budget to plan how you can slowly chip away at your debt.
- Prioritize. Depending on if one of your debts is way worse, you might want to put paying off one before the other as your priority.
- Find help when needed. Seek out financial assistance if you find yourself needing it.
Image via WalletHub.