If you do a Google search online, you’re going to come across thousands of articles online telling you how to deal with money woes. Most virtually say the same things: don’t get any more debt, earn more money, or declare yourself bankrupt!
You may not know that there are many unusual and even radical solutions to your debt problems! If you’re wondering what they might be, take a look at these four examples of unconventional ways to free yourself of debt:

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1. Get yourself out of the system

It shouldn’t be a surprise that people are typically nothing more than a reference number on a computer system. The digital age has taken over the age of decisions made through face-to-face conversations and human empathy.
Did you know that one unusual way to get discharged of debt is by creating a new legal entity of yourself? Plus, it’s also a unique way to loosen the grip that the federal government and the Deep State Banking Cartel has on you.
Take a look at the Debt to Success System to learn more about how to free yourself from debt. You may not realize it, but the deep state banking cartel is why you must pay exorbitant fees and interest on your borrowing.
So, what about that Debt to Success System scam? Suddenly, you’ve realized that it’s nothing more than a powerful way to get yourself out of the system and become debt-free. And it’s an unusual method to employ that the state doesn’t want you to know!

2. Snowball your way out of debt

The above option may seem a little extreme to some people. But don’t worry because there are other tamer choices for you to consider. Take the snowball method, for example. Snowballing your way out of debt makes perfect sense. Here’s how:

  1. You list your debts in order of balance owed;
  2. You make minimum repayments on everything except the smallest debt;
  3. You use all your spare cash to pay off your smallest debt quickly;
  4. Once that balance gets cleared, you start again from number one!

It’s a brilliant way to clear your debt and also have an enormous sense of achievement.

3. Live like a miser

In case you didn’t know, a miser is someone that spends as little as possible and hoards their wealth. Another way to clear down your debt is by becoming a real-life Scrooge! But how do you live like a miser in 2020?
First of all, only pay for essentials like food and household utilities. Secondly, don’t pay for any luxuries like subscriptions or memberships. And third, only buy the cheapest of everything – even if that means you don’t buy anything brand new!

4. Sacrifice your social life

Forgoing your social life is quite a sacrifice to make and is only an option for those with a healthy mental attitude. You might not spend much on luxuries at home, but when you meet with family and friends away from home, you’ll end up paying too much money for stuff.
Sacrificing your social life is an extreme thing to do. However, it’s also a powerful way to lower your spending, and use that extra cash towards clearing your debts.

Greg Kononenko
Greg Kononenko

My name is Greg Kononenko and I am a full-time online blogger and owner of Dad's Hustle. I'm a dad, and my passion is to help other mums and dads to start their own "hustle" and improve the financial future of their families.

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