As absurd as it may seem, one of the most common reasons people struggle to clear their debts is because the conventional methods don’t do anything to boost people’s persistence. Whether this is because they ain’t exciting enough or because they take too long before any visible signs of a dent are made, we don’t know.
Nonetheless, we have been on a crusade over the past few days to find you some more creative ways to get you debt-free and back in the black. So, without further ado, here they are:
- Go On A Spending Diet
This is exactly what you think it is, by which we mean you stop spending money on anything that isn’t considered an absolute essential. No exceptions. Yeah, it’s drastic. But so is your dent, so it’s about time you fought fire with fire for a year or so, which is all it will take to pay off your $26,000 debt according to one lady we spoke to. What she did was highlight everything she needed – rent, utilities, cell phone (not a smartphone), food, medical insurance, bus pass – and stop spending money on everything else.
- Go Off The Grid For A Bit
The most popular way of doing this is to embrace the Van Life trend that seems to have captured broke millennials by the heart and eyes (many of whom have gone on to turn their slapdash way of living into fame and fortune thanks to Instagram). Of course, you don’t have to live in the back of a Ford Transit to save on the high housing costs. You could just as easily spend a chunk of time working odd jobs that provide you with housing and food, which would let you save every cent of your $9.50 an hour job.
- Use The Placebo Effect
When you are staring at debts no matter which way you turn, it can be so overwhelming you don’t know where to start in order to pay them down and get out of the red. That’s a horrible feeling. You know about the Avalanche Method and all that stuff, but you have so many different debts and dates to pay them off it is just a mess. That is where someone like debtconsolidation.loans can fly into your life wearing a red cape. It won’t reduce your debts right away, but it will turn your list of twelve debts into one figure and that can have a placebo effect; the kind that makes your circumstance a whole lot more manageable.
Sell An Organ
Okay, this one we don’t recommend, but we still thought it was important you know how much your body parts are worth on the black market. Sure, some of you ain’t worth diddly squat. However, your small intestine could get you over $2000, your teeth $1200 and your eyeballs $1500 – and that’s the cheaper stuff. If you’re willing to risk life without a heart, you could be $119,000 better off, while kidneys can sell for up to $262,000. That’s a lot of dollar.