Question: I am struggling with debt. What can I do to reduce it?
ChatGPT: Reducing debt can be challenging, but there are several strategies you can implement. One approach is to prioritize high-interest debt, such as credit card debt, and make larger payments to pay it off faster. You can also consider negotiating with creditors to lower interest rates or payment plans that work better for you. Debt consolidation can also be an option, which combines multiple debts into one loan with a lower interest rate. It's important to create a budget and stick to it to avoid accumulating more debt. Would you like more information on any of these strategies?
