Wants and Needs: The 8 Best Gifts for Someone Getting Out of Debt

Listen, getting out of debt is boring, especially around the holidays. You see all this consumerism, and it looks so pretty. Then you look at your online statement and you want to cry. I know because a few years ago I paid off over $20,000 in credit card debt - and the holidays are tough! When you're getting out of debt, the best way to do it quickly is to live a life without frills. Cut everything except the absolute essentials, and put every single extra dollar toward your debt. This is what worked for me! Are you in this same boat? Or do you know someone who is blazing their own path toward debt freedom? Here are the 8 best gifts to give someone getting out of debt.

Note: Try to avoid giving cash. Sometimes cash is weird when you're getting out of debt, and there are feelings of guilt around it. It's better to give a gift card or something that forces your friend to spend on themselves.
-By Kathleen O'Malley

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