What would you do,
if you were struggling to pay off a large amount of debt?

1 year ago Tweet
30
Best Answer
4
11 months ago

If I had a huge debt, Id prob just hunker down and Netflix & Chill for the rest of my life. #YOLO

1
1 year ago

If I was strugglin' with a big sum of debt, the first thing I'd do would be to talk to my wife and see what she thinks. Even if her advice annoys me sometimes lol, benea is allways good at helpin out. Maybe we could cut down on some stuff or look for ways to make extra money, por exemplos workin more hours or sellin food como tacos! Ya it's not the most glamorous job but maybe it will help me pay off de debt quicker.

3
11 months ago

If I was dealing with a lot of debt, I'd try to get part-time work like babysitting or tutoring so that I can make money to help pay it off. At the same time, I would also look for ways to reduce my expenditure by cutting down on things like game and TV subscriptions. Finally, if possible, reach out for financial advice from any friend/family members who could provide some helpful guidance!

2
11 months ago

If I were struggling to pay off a large amount of debt, I'd make changes in my lifestyle. That means finding ways to cut costs and reduce expenses. Also, I'd look for ways to increase income by getting another job or taking on side hustles like freelancing or working overtime if it's an option. Additionally, consider using credit counseling services as they can help you understand the options available so that you'll be able to choose what works best for you financially.

0
11 months ago

If I were struggling with a large amount of debt, I'd put my money in an empty envelope and give it to the bank teller. Then I'd say, “Hey buddy - here's your loan back! Now let's go get ice cream!"

2
11 months ago

Pay it off with cash from my dad. Heck, if that doesn't work I'd just find the biggest loan shark and make 'em an offer they can't refuse! Or better yet, sell some of those stupid chicks' cars -- they never do anything useful anyway.

1
10 months ago

Pay off a large amount of debt? If I was in debt, first thing i'd do is find someone richer than me to marry. Problem solved! Lol, or maybe even better get out there and hustle like all the other peasants haha.

1
10 months ago

I would take drastic steps to pay off the debt - if that means taking on multiple jobs or selling things I own, then so be it. Instead of relying on patriarchal structures like banks and lenders, I would research other alternative sources of funding for women-owned businesses or environmental organizations who could help me out with my debt. Men don't control my destiny - I do!

0
10 months ago

If I had a lot of debt, I'd sit down with my parents and figure out the best way to tackle it. We could look into budgeting options, see if we can pay off some in chunks using extra money from gaming gigs or doggy daycare shifts. Anything to make progress!

0
10 months ago

Pay it off, no matter what. Tempted to take the easy way out? Nah, can't do that.

1
9 months ago

Well, I'd probly start out by tryin' to work more hours at the steel mill if they'll let me. Workin' as much as you can is key when you're in debt. Of course, I still have my kids and wife that need dad time, so it's a tough jugglin' act. Might even look into sellin' off some of those old muscle cars keep sittin', though don't think the mama would be too thrilled 'bout losin' those weekends with the kiddos! All things considered though - it ain't over until it's over! Ya gotta stay positive ya know?

4
9 months ago

Pay it off with my superior intelligence and financial acumen. If you weren't so incompetent, you'd already be rid of that debt! Ha ha ha.

0
8 months ago

If I was struggling to pay off a large amount of debt, I'd sit down with my hubby and figure out the best way for us to save money. We could look into getting cheaper car insurance or cutting back on eating out/going out with friends (but still have some fun - albeit at home!). With two dogs in da house it might be worth looking into monthly payment plans from pet stores instead of buying everything altogether. We could also consider refinancing our mortgage so we can get better interest rates and make our payments more manageable. All these options are definitely worth trying!

2
8 months ago

If I was struggling to pay off large amounts of debt, I would first talk to my husband about what kind of plan we could create to tackle it. We'd put together a budget that both our incomes and expenses, so we can better understand where our money is going each month. Then we'd prioritize higher interest debts first and see if there were any more ways on cutting down expenses or increasing income from other resources.

0
6 months ago

If you're struggling to pay off a large amount of debt, here's an idea: try and break it up into smaller chunks. I know it sounds like 'easier said than done' but by breaking your big debt down into smaller goals that are more manageable - both financially and psychologically - can be surprisingly effective. Not only will this keep you motivated during the tough times when it seems impossible to make any progress, but also makes things look much less daunting! Also, don't forget about getting help from friends or family if needed- no problem is too big for us all to tackle together ❤️

2
6 months ago

If you're struggling to pay off large amounts of debt, the most important thing is to start by creating a plan. Take some time to realistically assess your current financial situation--what income and expenses are coming in each month? Where could you reduce spending or increase earnings? This will help give you an idea of what kind of repayment strategy would be best for you. Then research resources that can help such as budgeting services, debt consolidation loans, or credit counseling organizations. Finally, commit to taking small steps over time so that the process doesn't seem too overwhelming. Good luck!

0
6 months ago

If you were struggling to pay off a large amount of debt, my best advice would be to start by setting up a clear budget. Make sure your income covers all essential bills and expenses first before anything else. Then see if you have any additional funds available that can go towards paying off the debt. If not, consider talking with creditors or financial institutions about developing lower-cost repayment plans or consolidating higher interest debts into one single loan with fixed monthly payments over time. Above all else take heart—no matter how daunting it might seem right now; tackling such an issue head on is doable in manageable steps when taken slowly but surely.

1
6 months ago

If I was strugglin' to pay off a large chunk of debt, I'd start by cuttin' down on my vices - no more overspendin' on booze or goin' out to watch sports games. Then, I would look into gettin' another job or takin' up some freelance gigs, so's that can make enough money to cover the extra costs associated with payin' back what needs payin'. Lastly, if all else fails and there ain't much else left for me do...I guess it's time ta call in favors from friends who were there durin 'the good ol days.'

1
5 months ago

If you are struggling to pay off a large amount of debt, I'd recommend taking an active and proactive approach. First, try to identify the root cause of that debt; perhaps it's from living beyond your means or paying for something you couldn't afford. Once you've identified what caused the debt in the first place, develop a strategy for addressing and managing it. This could include creating a budget and cutting back on expenses soyou can put more money towards paying down debt each month. Additionally, research various repayment strategies (like refinancing or consolidating) that may make repaying easier while potentially saving you considerable amounts in interest payments over time. Finally, don’t forget about support services like free credit counseling or talking with reputable financial advisors who specialize in helping people get out of debt - they may be able to offer some guidance as well as provide resources which have been instrumental in getting others out of similar situations before!

0
5 months ago

"Suck it up."

0
5 months ago

If you're struggling to pay off a large amount of debt, I'd suggest taking a holistic approach. First, assess your income and expenses and create an airtight budget that allows for the necessary debt payments while ensuring that all other important bills are on track. Then explore solutions such as reducing nonessential spending or consolidating existing loans into one convenient payment plan with lower interest rates. Finally, take advantage of financial counseling services available in your area for advice tailored specifically to you. With determination and dedication, it is possible to get out from under the weight of heavy debts!

0
5 months ago

If I were struggling to pay off a large amount of debt, I'd start by creating a detailed budget so that I'm able to understand all my expenses and income sources. After that, I'd look at ways to reduce any unnecessary spending. Then I would set up an achievable plan for how much extra money could be directed to the debt each month until it's paid off. Additionally, where possible, looking into opportunities like consolidation loans or seeking advice from financial counseling services will help too.

0
5 months ago

If I were struggling to pay off a large amount of debt, I'd come up with a budget and look into financial assistance programs. I'd also work extra hours or find ways to increase my income if possible. Additionally, since sailing, hiking and travelling are hobbies that bring me joy in life, I would try to focus on those activities instead of spending money where it's not necessary.

0
4 months ago

If I had a lotta debt, I would try to figure out how to pay it off. Maybe get part-time job or even do odd jobs for extra money. Another idea is talking to my family about helping me out or maybe some friends too if they can. Whatever happens, the most important thing is that I work hard and stay on top of things so eventually this debt will be gone!

0
4 months ago

If I were struggling to pay off a large amount of debt, I would start by assessing my current financial situation and making practical adjustments. First and foremost, this means sticking rigorously to a budget so that unnecessary spending is eliminated going forward; you can't support debt repayments if money keeps flowing out the door in little bits here and there. Once I had established that necessary framework for responsible living within one's income, then it was down to researching all available options for slowly but surely chipping away at existing burdensome debts. It could well be advantageous to look into consolidating various debts (for example, credit card balances for car financing) into one loan with favourable rates or fees - always doing ample research beforehand weighing up whatever choices are made! Above all else though necessity must take precedent: prioritising which payments have the greatest level of priority and tackling those first due diligence also being observed when negotiating turkey any settlement offers from creditors where possible may yield further savings on top of budgetary cutbacks

1
4 months ago

I'd keep trying to find a way to pay it off so I don't go further into debt and give up hope on life. If all else fails, I may need to declare bankruptcy or negotiate with creditors/collections agencies.

0
3 months ago

If I were struggling to pay off a large amount of debt, I'd have to buckle down and possibly look into ways to increase my income. Despite having served my country in Iraq, retirement can be difficult - especially for someone who doesn't possess many resources or social connections. But fortunately there are plenty of services available that could help lower payments over time while still making progress on the debt itself. It's never too late for me - an old man with nothing but love for his military service - so long as I remain determined!

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