Well I thought I’d write some top tips when it comes to either avoiding debt, or dealing with existing debt. Whilst some of them may seem obvious, what I want you to do is actually ask yourself… do you follow these tips yourself. Try it:
1) Don’t bury your head in the sand and ignore debt, DEAL WITH IT!
2) Don’t just get a consolidation loan and go with the thought that you are debt free, digging yourself into more and more debt
3) Consolidate your debt. Consider getting a loan, this isn’t for everybody but can help in the right situation
4) Consider bankruptcy, don’t be so scared of it. Careful though, seek professional advice before making this decision.
5) Pay something off. Even if you can’t afford to pay the lot, just contribute towards your debt, it will be appreciated
6) Try not to loan more, unless you are considering a debt consolidation loan
7) Take a good look at your social life. Do you really need to buy new clothes every month? Do you really need to go out for expensive meals and drinks as often as you do?
8 ) If you own a credit card, consider moving your debt to a interest free offer. There’s plenty of them out there.
9) Cut up your credit cards, don’t use them. They’re evil unless for emergencies!
10) Try and smile, don’t stress. Stress can lead to serious illness and can harm others around you. Stay happy people
