If you're serious about getting out of debt, the first thing you have to do is work out exactly how much debt you have. Take all your credit card statements, loan statements etc and lay them out on a table. Add up all the amounts owing. This is most likely going to be a shocking number. Then you have to sit down and formulate a plan to get rid of them. Its not going to be achieved over night. It probably didn't happen overnight. Its not going to be resolved over night.
Now comes the drastic part. Cut up the credit cards! No I'm not crazy. You want to be debt free don't you??
Most importantly, don't panic, think logically about it and put a plan into action. With a bit of hard work and dedication, you can achieve financial freedom. Keep focused on the goal. Think about your situation now and how much better it will be once you're not skint all the time.
