@wise.future.books: Getting out of debt part 2 I have written books on saving and investing to help you live your dream life. For many people, getting out of debt is the first step. In this series, I will give you the key strategies to get out of debt. Consolidating your debts can give you more money right now, if you can take out a new debt, which you use to pay off all your existing debts at a lower rate of interest. This is not for everyone—you need to be able to take on new debt, and it is key that the interest rate is lower. Even if it is, there are things to look out for. If you were paying it off over a longer period, you could end up paying more in the long term. If it has a promotional period, that can be great, because you pay much less to begin with, but that might bite you hard when it ends. If consolidating your debts is not for you, that is OK. Follow to get the next video and get out of debt so you can live your dream life. #getoutofdebt #financialindependence #peaceofmind #truefreedom #youdeserveit

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Friday 10 October 2025 18:12:53 GMT