7 Easy Ways to Lower Your Debt

by The Wall Street Geek on January 18, 2013

How to pay off debt

Hello my friends! I’m in the final stages of releasing new services at my fee only financial advice firm Price Capital. Subsequently, you’ll see more from me on this blog, Twitter, and more. Thank you for staying with me — I can’t wait to show you the new services.

In this week’s radio show, I talk about debt. Households are successfully paying down their debt. However, it’s still a burden on many individuals and families.

In this show, I give 7 techniques for paying off personal debt:

1. Avoid debt counselors and negotiate your own repayment package.
2. Ensure you’re paying down your loan principal, not just the interest.
3. Know your chances before applying for a new credit card.
4. Broker a deal with your bank for reduced loan payments.
5. Use crowdfunding if you have a great story and solid income.
6. Investigate the new breed of collateral-based loan providers.
7. Generate a second income online.

This isn’t a recommendation, so please talk with someone that you know and trust about your personal situation.

Don’t miss a thing! Friday’s at 12:30 pm EST on Blogtalkradio.

Listen to internet radio with The Wall Street Geek on Blog Talk Radio

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Price CapitalAfter turning $1100 into $7015 in the stock market right out of college, Michelle worked 15 years on Wall Street at Morgan Stanley, Citigroup and Goldman Sachs. She wrote "How to Buy Stocks Online", and is a fee only financial advisor providing investment help in New York City.

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