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What to Do if You Have More Debt Than You Make in a Year

Frugal Friends Podcast

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Debt Management Strategies

This chapter delves into effective strategies for managing debt that surpasses annual income, advocating for a slow, methodical approach to achieving financial freedom. It highlights the importance of prioritizing high-interest debts, strategies to prevent further debt accumulation, and introducing practical tools like the Icebox Chrome extension to foster mindful spending. Additionally, the chapter explores enjoyable side hustles and features a listener's creative cost-saving technique, demonstrating community-driven financial wisdom.

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