01Have a Yard Sale
Extra junk around the house is money just waiting to be liquefied. Round up all of your old clothes, toys, housewares, and furniture, and have a yard sale. Then put the proceeds towards your debt of choice. Have valuable items to sell? Consider listing them on eBay or in the classified section of your local newspaper.
02Save Your Change
Do you have a change jar? If so, it's time to raid it. Roll all of your coins. Then, make an extra debt payment equal to the amount that you've rolled. Repeat the process every time your jar is full.
Couponing is a great way to save money on the things that you need, but it can also be a great way to boost your debt repayment efforts. Challenge yourself to use as many coupons as you can when you grocery shop. Then, reward your efforts by applying the money you saved towards your debt.
Do you hire someone to cut your grass or clean your house? If so, it may be time to hire yourself for the job. Tackle a couple of the projects that you'd usually hire someone else to do. Then, "pay yourself" by applying the savings towards your debt.
05Share Your Opinions
Got Opinions? Turn them into a paycheck by signing up for paid online surveys. Complete as many or as few as you have time for; then put the money towards an early debt send-off.
06Turn Cash Gifts Into Payments
Have a relative that likes to send you money as a gift? Then pass that gift on to Visa, and watch your account balance go down.
07Cash in on a Talent
Hobbies are usually a source of spending, but that doesn't have to be the case. Make a list of all of the things that you're good at; then, brainstorm ways to turn them into a source of income. Could you teach knitting classes? Hire yourself out as a muralist? Become a part-time landscaper? Find a way to market your skill or skills, and turn your profits into payments.
08Bank Your Bonuses
We all benefit from the occasional windfall, whether it's a work bonus, a tax return or something else entirely. Vow to turn your bonus money into bonus debt repayments, and fear those credit card statements a little less.
8 Creative Ways to Get out of Debt Fast
Ready to put your debts to rest once and for all? Here are eight frugal ideas to help you get out of debt faster: