how to: get out of debt

If you’re ready to get out of debt and boost your fiscal fitness, you’ve come to the right place. Staring at that huge stack of bills, fielding the unpleasant phone calls -- even just knowing you’re in the red can really drag you down. Luckily, we’re here to help you get back up! We have tons of advice for getting out of debt, including credit card debt help and an easy-to-use debt calculator to help you pay off debt. You’ll also find debt advice on how to renegotiate your credit card debt and ways to improve your credit (even before you’re out of debt!). Not sure where to begin? Why not give our 7 simple steps to getting out of debt at try -- they will definitely help you find your financial footing. Tackling your debt as a twosome? We’ve got plenty of debt advice geared toward couples. Learn about financial basics for newlyweds, including how to choose the right bank and when to merge your accounts. Peek into real couples’ budgets and see how they fixed their finances. And if you’re wondering where to find all that extra money to pay off debt -- don’t worry, we’ve got that covered too. We have debt help and cash-saving secrets from financial pros, and the money tips that spending savvy couples must know -- plus saving secrets from fellow Nesties. Finally, check out our tips to help you stay out of debt for good -- set up a household budget, plan your paychecks, and get credit smart.

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The 5 Biggest Money Myths -- Busted!

Could you unknowingly be cheating yourself out of money?

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Myth #1: Bulk is always better
Sure, warehouse stores like Sam's Club or Costco, or big-box places like Target, can be home to massive deals, but that doesn't mean you should purchase everything there. Buy in bulk only the items that you routinely use, such as toilet paper and 90-day prescription medicines, says Manisha Thakor, personal finance expert and author of Get Financially Naked: How to Talk Money with Your Honey. If you entertain a lot, bulk wine might also be worth the investment. Thakor recommends sticking to supermarkets for perishable items; you could end up paying more per unit for something super-size that will expire before you even finish a quarter of a container.

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