It starts with not using your credit any more. Immediately followed by creating a working budget. Prioritize your needs (housing, food, transportation, debt…) and start paying more than the minimum to the highest interest rate loan. Once the highest interest loan is paid off, redirect what you were paying to the next highest rate loan.
For example, say your total monthly income is $5000, your required spending (housing, food, utilities, insurance, etc) might be $4500. The extra $500 goes to debt. Once you know how much you will be sending to the bank, try to split it between your paydays. Timing your payments with your paycheck will reduce your temptation to splurge when you see that large account balance.
I know lots of professionals recommend having a 3-6 month cash reserve for emergencies. The problem is, if you are struggling with debt you are already in an emergency. Having cash sitting in a bank account earning 0.2% interest while you have debt charging you 12% interest you will end up prolonging the problem.
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