1. Create a monthly budget and stick to it. Many people struggle with debt because they do not have an established budget. Take the time to review your income and expenses and then create a feasible financial plan. Once that plan has been drafted, stick to it as much as possible.
2. Consider starting an emergency fund. Life always throws unexpected circumstances our way and sometimes, those circumstances drain our finances. If possible, try to add money to an emergency fund which can be utilized if, for example, your car breaks down and needs repairs.
3. Start paying off your debt. The quicker you can pay off your debt, the less interest, late fees and over the limit fees you will accumulate.