How to Manage Debt? Tip #1

Make a Budget – it may be quite stressful and time consuming, but having a budget and sticking to it may be a better way of managing your debt. Check which things are necessary and which are not. Review your household income and expenses to know your standing at every month. Try to eliminate expenses which are not planned. Come up with a budget of what you intend to spend in a month and compare it on the actual spending you had on the previous month.