One of the most popular ways of getting out of debt is debt consolidation. When using a debt consolidation company, you can consolidate your high interest rate credit card debt into one loan for one manageable monthly payment.
One great way to get out of debt is through debt settlement. If you are behind on your payments, most creditors will be eager to work with you to settle your account.
Before creating a budget, analyze your spending. Where is your money going? Once you know, create a budget to change wasteful spending and start paying off debt and saving.