Getting in debt is easier than ever, with many lenders now willing to hand over cash or credit cards after just a short online application. As long as you’re able to keep your credit score in good repair and make on-time payments back to your creditors, borrowing more isn’t usually that much of a problem.

On the other hand, getting out of debt is the difficult part. Anybody who’s ever been in debt before will know just how hard it can be to pay it all off and resist the temptation to borrow more. However, it’s certainly not an impossible task! We’ve listed some practical tips to help you get out of debt.

Tip #1. Speak to an Advisor:

If you’re not sure where you should start, speaking to an experienced professional debt advisor can be a good first step in the right direction. Confiding in an advisor means that you will be able to get advice that is tailored to your specific circumstances, making it easier to follow in the future and get the best results. Don’t forget that debt advisors have spoken to many people in your situation and worse, so there’s really no reason to feel embarrassed or not be totally honest with them. They are there to help you turn things around!

Tip #2. Stop Borrowing:

One of the biggest ways to hold yourself back from getting out of debt is to continue borrowing. For example, if you pay some of your credit cards off, you might think that you’re fine to use the available money for expenses. But this just creates a vicious circle where you never end up paying the debt off completely. Instead, try to change your mindset towards credit and see it as for emergencies only. Avoid using your credit card until everything is paid off; then you can decide on a strategy for using it that will keep your credit score high.

Tip #3. Budget Wisely:

Failing to come up with a budget and using it wisely is one of the biggest reasons why more and more people today are getting into debt. And with TV advertisements and posters everywhere telling us that we ‘need’ items that are well out of our budgets, it’s really no surprise. However, you might be surprised to find out that living within a reasonable budget doesn’t have to be difficult at all. And, once you’ve worked out exactly how much spending money you have at the end of every month when your priority expenses are paid, you’ll feel much better for saving it up and spending your hard-earned money on treats instead of borrowing. Check out this tool for more information on coming up with a budget to pay off your debts.

With all this being said, getting out of debt is much easier said than done, particularly if you have a lot of it. One of the most important things to remember is that repaying debt is not often a short or easy process. But with the right amount of dedication to your cause, you will be enjoying a debt-free life before you know it.