Here are few tips that should help:

  • Bear in mind that you can solve your problems by simply contacting the people you owe money and get their advice.
  • Do not ever ignore the problem. This won’t solve your debts.
  • Do not panic, there is a solution for everything is this life.
  • Create a priority list by taking into consideration the higher interest rates.
  • Always have a REALISTIC budget.
  • Keep all your bills and letters and everything related to your debts. Do not throw them away. You need them.
  • As mentioned before, think before you buy!
  • When you take a credit or loan, know the TOTAL COST and NOT the monthly payment only. Do not be fooled with the low monthly payment, know the total cost and the exact interest rate.
  • Use the advices and calculations of this e-book, when you know how to compare the standard repayment schedule and the debt reduction plan, you are on the road to success.
  • Don’t be fooled by those companies pretending to help you get rid of your debts for a small amount of money; this amount logically speaking is added to your total debts. You can do the management yourself very easily.