I’m so happy I discovered this site! I am looking for assistance in India to get out of debt as I have no money. Even though it seems impossible, I’m hopeful you can help me work out how to do it. I’ve been thinking about this for a long and have some thoughts, but they aren’t really going anywhere.
My only other option is to borrow money from relatives and friends, which isn’t ideal since many of them are also having financial difficulties.
Please advise me on how to get out of debt in India if at all possible; I have no money.
Though I'm not in India, generally getting out of debt with no money can be challenging even in India. What should you do to get rid of this debts? Start by listing all your debts and understanding the total amount you owe and the one with high interest so that you pay that first. After that, make aRead more
Though I’m not in India, generally getting out of debt with no money can be challenging even in India.
What should you do to get rid of this debts?
Start by listing all your debts and understanding the total amount you owe and the one with high interest so that you pay that first.
After that, make a detailed budget that outlines your income and expenses. Cut down unnecessary expenses to free up some money. You can as well avoid partying, clubbing and so on.
If it’s really on your neck to pay off the debts reach out to your creditors and discuss your situation. They may offer you a repayment plan or reduced interest rates.
See lessIf you do not have money to pay off your debt but wat to get out of debt you have a couple of options: 1. Burrow from friends and family. Your famuily and close friends can help you by giving money on which you do not have to pay interest that you can use to pay off your debt. 2. Sell your assets. IRead more
If you do not have money to pay off your debt but wat to get out of debt you have a couple of options:
See less1. Burrow from friends and family. Your famuily and close friends can help you by giving money on which you do not have to pay interest that you can use to pay off your debt.
2. Sell your assets. If you have properties, a house, land, car, golds, etc. you can sell your assets and build funds to pay off your debt.
3. World hard make money and start paying off debt.
You will have to start with solving your main problem here; you have no money. In order to pay debt, you need money. Look for a job, learn a skill or offer simple services like cleaning and doing laundry. I guess you are already looking for money by working online. You can have more than one methodRead more
You will have to start with solving your main problem here; you have no money. In order to pay debt, you need money. Look for a job, learn a skill or offer simple services like cleaning and doing laundry. I guess you are already looking for money by working online. You can have more than one method for earning money.
Remember that your priority for the money you earn is to pay debt. So make sure that you do that whenever you are paid. I am sure that if you put your mind to it, you will soon be out of debt.
See lessAt the end of the day, you will still need money to be able to come out of debts, the best thing to do would be to find a side hustle, something you can do that will help you generate money to sort out your debts. There are some online gigs you can also do that can help you generate some cash, workiRead more
At the end of the day, you will still need money to be able to come out of debts, the best thing to do would be to find a side hustle, something you can do that will help you generate money to sort out your debts. There are some online gigs you can also do that can help you generate some cash, working on this forum is one, you do not need money to startup as well.
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