How do you deal with having high debt?

FireDrillem · 2018-12-19T04:26:00+00:00

You have to bite the bullet. Live below your means. Pay off the debt and most importantly, learn the lessons that’ll take your future investments over the top.

It’s the money game.

Bruchibre · 2018-12-19T06:16:58+00:00

How old are you?

What matters is that you earn 6 figures at the moment. For the rest, you took some risk and it didn't work. It's OK. So for mindset you should be fine. For the rest, yes live with what you pocket until it's over, but be proud of having taken the risk.

Yamikage84 · 2018-12-19T07:38:17+00:00

Go look up Dave Ramsey’s “Baby steps”. Guys a financial guru who has helped get tons of people out of debt. He’s got videos on YouTube of him taking callers from people with debt and gives them advice on how to get out of it.

liberty1127 · 2018-12-19T11:07:33+00:00

Don't take out loans to start a business. I learned this lesson myself

Title	How do you deal with having high debt?
Author	DeathIsAGiftFML
Upvotes	4
Comments	4
Date	December 19, 2018 3:45 AM UTC (7 years ago)
Subreddit	Posted in /r/askTRP
Original Link	https://old.reddit.com/r/asktrp/comments/a7iqbw/how_do_you_deal_with_having_high_debt/
Archive Link	https://theredarchive.com/r/askTRP/how-do-you-deal-with-having-high-debt.71042 https://theredarchive.com/post/71042

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