King bell
VIP Contributor
Handling debt well is really important for keeping your money on track and reaching your big plans for the future. To get on top of what you owe, make a full list of all your debts, figure out which ones are most based on how high the interest and how much you owe, and plan a budget that makes sure you have money set aside to pay them off. Look for ways to spend less on stuff you don't need so you can put that money towards your debts instead. Talk to the people or companies you owe money to and see if they'll let you pay less in interest. Think about putting all your debts into one big loan to make things simpler. Save some money for emergencies, set up automatic payments for your bills, and decide on a plan for paying off your debt like the "debt snowball" or "avalanche" method. If it's all too much, don't be afraid to get help from an expert, and always be careful about not getting into more debt. Remember to give yourself a pat on the back for the small wins, keep learning about how to manage your money and debts better, and know that sticking with it and being patient will help you get your debts under control.
