If you are in debt try to decrease your expenses, cancel your credit cards and develop a debt reduction plan.
Change your spending habits, the way you live, and especially the way you think. Always keep in mind saving one rand every day can be useful for a rainy day or to assist you in your debts.
Always pay off the smallest bills at first, this way you will save some money and add it to the highest bill. This work in most cases when you have for example 5 bills.
You pay the small then allocate an extra payment from the saved amount into the higher bill.
Keep your credit card ONLY for emergencies, do not carry the card with you, and have cash in your pocket unless you really and urgently need it. Get out of trouble, and put your credit card at home. Hide it somewhere out of your eyes.
Take this into consideration; the credit card business is very competitive. When you always make your payments on time, call and ask to lower your interest.
When your debts are high and your monthly income is not enough to cover the payments, there are ways to solve your debt problem, but the road to financial recovery takes a total commitment.
You must decide you want to be debt-free. You have to discipline yourself to take the necessary action to pay back your debts.
Only you can determine if you are willing to make the necessary sacrifices to achieve this goal.
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