I received compensation in exchange for an honest review. All opinions are my own.

Debt can ruin your credit and finances, especially if it is allowed to fester and grow. This is why it is so important for you to be monitoring your credit and learn how to rebuild credit. Controlling your debt is easy if you know how, and you can take your first steps toward financial freedom. I love using CreditSesame.com because their data empowers me to achieve a great score with their credit report card.

Sign up for your free credit score with Credit Sesame

Check Your Spending

If you struggle with debt, you might not realize where all your money is going. This is especially true if you make a lot of spontaneous purchases; these can add up surprisingly fast if you aren’t keeping a close eye on your expenses. Tracking how much you spend for one month is a good way to figure out where you can cut your spending. Brainstorming creative ways to lower your entertainment and dining costs is often the easiest way to cut your spending without sacrificing the comfort and luxuries you enjoy.

Use the borrowing power help from CreditSesame.com to access the credit you need. You might be surprised at how much you can save by consolidating loans or finding a new loan with a lower interest rate.

Create a Budget

Now that you know how you usually spend your money, you can create a budget to keep your expenses under control. Begin by breaking your expenses into categories, such as entertainment, bills, and savings. Remember, you can always adjust your spending as your priorities and income change. Also, spreadsheets and other apps can help you easily track your expenses. If you share expenses with loved ones, you should always check with them before changing your spending habits or transferring money. Otherwise, you may create unwanted conflict.

With CreditSesame.com I can easily find my total debt balance or break it down into categories such as credit cards, auto loans, student loans, home loans and more. It shows my current debt balances, monthly payments and how they are affecting my credit score. It easily allows me to create a better budget and prioritize debt.

Prioritize Your Debt

Some debts are more damaging to your long-term financial success than others, and you should always prioritize eliminating your largest debts first, making sure to focus on those with the highest interest rates. This doesn’t mean you should always ignore smaller debts, however, since paying them off can help you stay motivated as you work toward your long-term goals and to fix credit. If you feel as though your debts are out of your control, breaking them down into monthly payments, knowing their remaining balances, and estimating how long it will take to pay them off can help you control any stress you are feeling.

Sign up for your free credit score with Credit Sesame

Get Help

Getting rid of debt is rarely easy, and is even more difficult if you try to pay it off on your own. Relying on the help from CreditSesame.com has helped me get better credit recommendations and helped my family find our freedom by easily monitoring our credit.

By checking your spending habits, creating a budget, prioritizing your debts, and accepting help, you can taste the fruits of finding your freedom without the stress.

What’s your favorite feature from CreditSesame.com? Sign up for your free credit score and then comment below with your favorite feature!