For most of the Americans, retirement means financial independence, which they achieve at the age of their 60s; mostly they draw Social Security Benefit at the age of 62 or as late as age 70.
Paying off debt is a little complicated matter which requires patience and hard work. If you are having a $50,000 debt on your shoulders, with hard work and determination, you can gradually get out of it.
Managing debts is not difficult. The two things it demands are ‘Time’ and ‘Proper Planning-aka Budgeting’.
But can you become debt free in 1 year? That’s a big question, I guess!
That time of the year! A new session, new opportunities, new beginning.
This is the perfect time to revisit your financial life and plan to get on the right track for the rest of the year.
Managing a small business organization on your own can be tough, especially when you don’t get the profit as you expected. Not having enough cash flow in a small business can lead to high-interest debt.