If you have a lot of bills to pay, it can sometimes seem like you're not getting any closer to your goal of paying off your debt. Don't get discouraged, though. All you really need is a good system. Watch as Carmen Wong Ulrich explains the fastest, most efficient way to reduce your debt.
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Watch Carmen Wong Ulrich's 'On The Money' Saturdays at 8PM ET on CNBC! Find more information on coping with the economy with our Bail Yourself Out resources.