How do I demolish my short term borrowing?

Short term borrowing are those loans that need to be repaid within one to five years, they include credit cards, personal loans and car loans. Typically the cost for using these loans are high and include annual fees and the amount outstanding x interest rates
To get financially fit we encourage to always pay off credit card and if possible get rid of short term borrowing completely, this will allow you to focus on saving towards your life goals in a financially healthy manner. We have shared key steps to demolish debt.