Figure out where your money is going:

   Having a large amount of debt doesn’t mean that you can’t make big purchases. Although you have to have to very smart in your approach, there is almost always a way to find the funds you . The first (and most crucial) step that you should take, is to find out where your money is going. In other words, you must have a budget which is so crazy that so many people say they don’t that. Maybe because I have a BRILLIANT ACCOUNTANT FATHER. He does a lot financial work. A budget enables you to know how much money you have to put aside toward your big purchase.

Make a savings plan:

The best strategy for making a big purchase while in debt is to not add more of it. Rather than applying for another credit card/ loan right away, see what you can do to save up for the item that you need. Since you’ve already made a budget, you should know exactly how much you can set aside each week. If your finances and timing allow, create a savings journal so you can reach your goal in an estimated date for when you plan to reasonably reach that crossroad. Depending on the urgency of the big purchase you’ll be making, see how long you can go without in order to avoid further debt.

Quickly clean up your credit if you will need financing:

 Whether you have to find a replacement for your car, etc, you may not be able to pay off all of your existing debt right away.

   If your priority is to buy your desired purchase, do whatever you can to quickly clean up your credit.  I myself am very good at paying all my credit card bills on time and in full to avoid interest. Of course sometime emergencies happen which is why I have a certain credit card for that but for the most part, I pay everything off.  Another financial tip, which should be a no-brainer is to pay your bills on time, even if it’s the minimum balance. That way you don’t rack up any late fees. Any boost to your credit score (and reduction of your current debt) will make your life sooooooo much easier and you’ll be able to do things in your life, like buy a house, have money set away  for your children, and a lot more.

   HOPE THESE TIPS AND ADVICE HELP YOU, ESPECIALLY TO THE ONES THAT HAVE A HIGH DATE. THANK YOU AND LOT OF LOVE!

photos above are not my original work.