Accept that it’s normal to have debt, I don’t mean let’s have debt because it’s normal but I mean it’s not a big deal, you can deal it and get through it since you are not alone because many are just like you.

Secondly, Assessing your debt. See if your debt is too much or not. It’s too much if you have to pay rent or mortgage more than 30% of your monthly pay. If you are in that situation, you better try to clear the debt as soon as possible. What’s more, sometimes some people don’t know how much debt they own because they pay the minimum balance due on credit card or even not make any payment for it.

If you know that you are in those cases, don’t get panic and don’t think that it’s too much. You just have to start from small things such as adjust your spending habits or in other words be greedy before spending your money on anything.

Write down all income and expense you made each month. At the end of the month, sum up the expenses and divide it into two categories: essential and nonessential. Writing down your spending habit can let you see things clearly which is like you observe your own behavior with consideration. The point is to reduce current spending that you can put those spending on pay off your debt instead.

When you pay debt, try to pay off high-rate debt first. The more your interest rate, the more debt you have. Or you can manage it by transfer high-rate debt to lower-rate cards. You can consolidate all of your credit card debts to a single.

Last is trying to use your credit card on things that can gain value later such as home, washing machine, and necklace and so on. At least, you will have those things around when the debt is paid off.
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First you have to take control over your money use. Stop buying things you not need, only buy stuff that you really need to use in your daily life like toilet paper for example. Make a plan over things you really need, then thing you should have and after that a list with lower priorities. This type of budget will help you save some good money and not let you waste you money on useless things.

Make a budget where you write down your income and outcome. If you make a budget you can also calculate how long time you will use to pay back your debt. This will also give you a lot better knowledge of how much money you really can afford to use.

You can also apply for a consolidation loan; these loans are specially designed to be used to pay off any outstanding debt. The interest will also be reduced so you don’t have to pay that much as you would otherwise. You will also be able to only payback this loan and not several small loans, this makes the task a lot easier. And remember once you are done with the debt, never get it again because it will come back even harder.

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But please don’t feel too bad with your life yet, because every problem has the solution in itself. The expert of employment gives some tips for someone who loses their job to get back on their feet again with some tips like this:

1. List the accomplishment things you have done from your previous job to realize you are not worthless and there are loads of things you did well.
2. Think that losing job can happen to anyone and seriously it does, you are not alone because you lose your job due to the recession of the economy, not because of yourself.
3. Update your resume, it’s very important to move on your life. Impress the new company with your updated resume.
4. Time to cut any unnecessary expenses. It’s not a time to spoil yourself now.
5. Do nicely and attractively business card, so you can hand them out to any people you like immediately.