Debt consolidation is a long journey with a definite end: getting out of debt. When you really think about it, it’s hard to make money when you’re in debt — or is it? You see, while you’re working on clearing your debts, you might want to look at ways to make money to pay them down even faster. As mentioned before in our other guides, there are really only two ways to handle debt — getting rid of it via savings, or getting rid of it by raising your income.

One interesting way to raise your income is through spread betting. However, you can’t just jump in — your spread betting journey needs a bit of due diligence in order to make everything flow smoothly. However, we might be getting ahead of ourselves. After all, we don’t automatically assume that you know anything about spread betting.

Here’s what you need to know: spread betting is all about betting on the market moving in a certain direction by at least a certain amount of points. You might feel that the interest rate on mortgages might rise by a certain amount, which means that you can bet on that outcome. It might sound crazy, but if you’re right — you make money. There’s virtually no limit to the amount of money that you can make.

The best way to get started with spread betting is through a good company. As you might imagine, not all companies are good. This means that you will want to be cautious and look for only the best spread betting companies. That way, no matter which way you go, you’re going to be covered.

Is this risky? Sure, but most things in life worth having are going to be risky. There are going to be times where you have to take risks in order to get bigger rewards. Is getting out of debt faster worth it to you? Then you might want to try the spread betting world on for size — you never know what it’ll bring you!