When creating a plan for getting out of debt, cut spending, increase income if possible, and start by paying off either the smallest amount or the highest interest rate. Slowly chip away at debt, avoiding further debt in the process, with advice from a licensed financial planner in this free video on personal finance.
Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for over 30 years.
Filmmaker: Christopher Rokosz
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