Now that the pandemic is starting to come to an end and you are left with the question of how to get your finance back on track? You are not alone! Looking for easy ways to cut down your debt? Put some easy strategies and habits in place to improve your finance picture.

Before you start repaying debt, take a moment to identify the kind of debt you have — whether it’s credit card debt, student loan debt, mortgage debt or something else — and determine how much debt you have. Understanding the type and amounts of your loans can help you come up with a personalized plan for debt payoff.

Here are 10 ways to pay off debt:

• Create a budget. Pay off the most expensive debt first.
• Pay more than the minimum balance.
• Take advantage of balance transfers.
• Halt your credit card spending.
• Put work bonuses toward debt.
• Delete credit card information from online stores.
• Sell unwanted gifts and household items.
• Refinance high interest rate loans.
• Reward yourself when you reach milestones.

This is the easiest one for homeowners. Refinance your current mortgage and lower your monthly payments. It is like giving yourself a raise! If you could use an additional $200-$500 per month, this may be an option for you!