How To Get Out Of Personal Debt with Annaline Van Der Poel

Annaline van der Poel, COO of Debt Rescue, offers 3 tips on how to get out of personal debt:

1. Budgeting

This is the best way of knowing what our true financial situation is and where opportunities are to make some changes.

2. Use your credit card for emergencies only

This may be our biggest problem, since it is so accessible, however, don’t use your available credit on items you cannot afford.

3. Try to pay off high-interest accounts first

Try to get your high-interest accounts under control as soon as possible e.g. personal loans and other credit cards

Listen to the full radio interview below.

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