5 top ways to get rid of debt

Whether you're trying to get a handle on your credit card balance, a car loan or your mortgage, try this smart advice from the experts.

This article originally appeared on grandparents.com. To learn more click here.

It’’s no secret that America runs on debt. The amount of outstanding consumer debt as of March 2018 stood at $13.21 trillion, according to the Federal Reserve Bank of New York. And according to the Federal Reserve’s survey of consumer finances, Baby Boomers’ average total debt was $108,300, and those over 66 had a total debt of $66,000.

Even if your debt load is less than the average, it can still feel overwhelming, especially if you’’re on fixed income. But help is here. The strategies below can get you on the road to being debt-free fast.





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