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Every second American fell into the debt trap. Still, getting out the debt is possible, even though it’s quite complicated and requires a thorough self-control. The first thing you should do is to forget about the existence of your credit card. You can cut them or throw them out – you must somehow get rid of the dependence of the credit card.

After that, you must learn to manage your income and expenses and connect them with your debts. Pay attention to the credit cards with higher interest but try to pay off payments of every credit card each month, even though the payments aren’t substantial.

Related: Should I Get a Debt Consolidation Loan?

If your income or your lifestyle allows you, a good way is to overpay your monthly payments. It’s the only way to get rid of your debts faster.

If getting out of the debts is your number one goal, give up on impulsive shopping and hanging out for some time, replace your everyday work out in the gym with jogging or home aerobics. Cut off the expenses, which move you away from paying off your debts. It will indeed help you to get rid of your debts faster.