In todays society, most people have their fair shere of debt, me included. getting out of debt is becomming more of a strategic proccess more than ever with many companies offering the service of getting you out of debt.
Like weight loss; everybody says their strategy is the one that works. Realistically there are only 3 ways of getting out of debt:
(1)make more money;
this may include taking on extra hours at work, getting another job or finding a creative way to make money in your spare time.
(2)manage your money better:
This includes cutting down on your spending, moving your debt around if its on credit cards, taking out a loan with better conditions to consolidate your existing debt.
(3) get help.
Help may come in forms of advice from proffesionals (preferably for free) or government help to avoid bankruptcy in the form of an IVA.
Ideally the three methods should combine to create the perfect solution to debt.
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