The first step is to make a list of your debts. Start from the smallest amount to the largest amount. You can start paying the smallest amount and then continue to pay the next debt. Say goodbye to credit card if you can’t pay it off on time. Credit card can bring you disasters if you are not careful. When you go shopping, only buy what you really need. Don’t buy something that just to give you a satisfaction.

Try your best to avoid another debt when you make a purchase and try pay by cash instead. Let’s say you want to buy a dish washer, save some money every month to buy it. You can also sell any useful items which you no longer need anymore. You can sell them by organizing a Garage Sale and let your neighborhood know days before the sale. So start downsizing your debt today!