11 things to do when you are BURIED IN DEBT 

1. Assess your debt: Take stock of your debts, including amounts owed and interest rates.

2. Create a budget: Develop a realistic budget to track your income and expenses.

3. Cut unnecessary expenses: Identify non-essential spending and reduce or eliminate it.

4. Increase income: Explore ways to boost your income, such as taking on a side job or freelance work.

5. Prioritize debt repayment: Focus on paying off high-interest debts first to save money in the long run.

6. Negotiate with creditors: Contact your creditors to discuss repayment options or negotiate lower interest rates.

7. Consolidate debts: Consider consolidating multiple debts into a single loan with lower interest rates.

8. Seek professional help: Consult a financial advisor or credit counselor for guidance and debt management strategies.

9. Build an emergency fund: Start saving a small amount regularly for unexpected expenses to avoid adding more debt.

10. Seek additional sources of assistance: Research government programs or local organizations that offer debt relief or financial assistance.

11. Stay motivated and persistent: Overcoming debt takes time, so stay committed to your repayment plan and celebrate small victories along the way.

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