Here’s some of my tips for debt relief-
<ul>
<li>Take a deep breathe. You didn’t get into debt in a day and you won’t get out of debt in a day either. It will take time, so just sit down and take a deep breathe.</li>
<li>Stop Spending. Sounds really simple, but I’m always amazed at the number of people who say they want to get out of debt, but still spend like a millionaire.</li>
<li>Get Three Months of Bank and Credit Card Statements. Head online or to your bank branch and get three months worth of statements. Set up a budget sheet and record everything that you spent so you can have a complete picture of what’s coming in and what’s going out.</li>
<li>Take stock of what you can cut out. Do you really need HBO? Or that morning latte? Or a closet full of design purses?</li>
<li>Take stock of what you can sell. Have a fur? Sell it. An expensive car or lease? Try and trade it in.</li>
<li>Look for other ways to make money Turn your hobby like quilting, party planning, etc into a side gig. Get a second job and if you have teenage kids, you might want them to get a job as well. </li>
</ul>
