Sumary of 3 Tips to Recover From a Financial Setback:
- Maybe you racked up debt that’s now leaving you with expensive monthly payments on your credit cards.
- Now you could be sitting on an uncomfortably large credit card balance.
- 2. Put yourself on a budgetWhether you need to replenish your savings, dig out of debt, or boost your credit score following a massive hit, sticking to a budget is a good way to move forward from your financial setback.
- Take a look at your bank and credit card statements from the past six months to see what your various bills cost.