According to the Federal Reserve, in 2019, the average U.S. family owed more than $6,200 in revolving charge card balances.

If you're feeling overwhelmed, know you're not the only one searching how to get out of debt; more importantly, know that it is possible. This video will break down three potential techniques you can use to leave financial obligation: the avalanche technique, the snowball approach, and debt consolidation.

Each technique has benefits and drawbacks, which you'll need to weigh on your own to identify which method is best for you.

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