How to Get Out of Debt Fast | MintLife Blog
Is your debt stressing you out? If so, you’re not alone. Nearly 70 percent of American households have some form of debt. That's a smaller percentage than during the height of the recent recession, but debt statistics for the United States are still sobering: $70,000 – Median debt for American households $150,000 – Average mortgage debt in the U.S. $33,000 – Typical student loan debt for new graduates $15,000 – Average credit card debt for most consumers Face your debt now and find your financial Zen—that enlightened attitude toward money others seem to enjoy. Put it off, and your situation’s only going to get worse, further separating you from any peace of mind you might be hoping for. Getting out of debt and keeping your spending under control can boost your financial and physical well-being. And while there’s no instant fix for those who want to learn how to get out of debt fast, the path to finding your financial Zen can be distilled down to a few key principles. Here are six
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