 TITLE: How to Pay Off 20,000 in Credit Card Debt CONTENT: Reduce Your Bills and Cut Down on Spending\n------------------------------------------\nWith a budget in place, you'll be equipped to consider areas where you can cut expenses back and reallocate that money toward your debt.\nStart by looking at your recurring bills, which you may be able to cut without consistent effort. For example, Experian's Bill Negotiator service can help by connecting with your service accounts or reviewing a recent bill and negotiating with your providers for a lower rate.\nYou may also be able to negotiate certain utility bills, especially if there are multiple providers in your area.\nIn addition to looking at your recurring expenses, take some time to also cut back on your discretionary spending. This may include spending less money on eating out and entertainment, cutting subscriptions you don't use very often or even sharing certain subscriptions and other costs with family members to cut how much you pay each month.\nTo get an idea of what's normal spending, you can review the average household expenses from the Bureau of Labor Statistics. It's important to note, however, that each household is different, and only you know how to appropriately spend less and save more given your circumstances.\nSource: Bureau of Labor Statistics, Consumer Expenditures 2019 END