In this video, Entrepreneur Network partner Phil Town gives five hacks you can use to pay off debt, avoid fees and save for the future. His first piece of advice is to use a zero-interest credit card to pay off your debt. That way, you aren’t accruing more debt over time.
Next, Town advises that you should make bi-weekly payments on your debt, rather than monthly, and that you should pay more than the minimum on your debt for at least the first few years.
Click play to learn more financial tricks from Phil Town.
Related: 5 Great Money Habits That Will Set Your Kids Up for Financial Success
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