Before doing anything drastic like filing for bankruptcy, you need to assess your debt situation. It may not be as bad as you think. Below are some suggestions for managing your debt.
1. Determine how much you owe. Take into account all of your debts and consider how much, if any, is past due, how much is owed now, and how much is owed in the future.
2. Create a monthly budget that allows you to at least make the minimum payments on all of your loans. Be prepared to let go of some of the extras for now so you can get your debt under control. Think of some creative ways to make some extra money. Consider doing some private tutoring, selling some of your stuff, or developing a hobby into a small business opportunity. Whatever you do, don’t give up!
3. Focus on paying off the bills with the highest interest rates first. If you are absolutely unable to pay all of your bills, make sure to pay the most important ones such as your water and electricity bills. You don’t want your water or electricity to be shut off.

When my husband and I moved into our home we didn’t have to do very much to it, except clean. The people we bought it from had “flipped” the house: they bought it a low price and then did a lot of renovating, and then sold it to us for a profit. Our basement is unfinished, however, and we only have one bathroom, so I decided to research what types of renovations would be worthwhile for us to do. We don’t plan to stay in our current home for a long period of time so there is no point for us to make any major improvements unless they will increase the home’s value.
Everyone needs to eat, and groceries can be expensive. Try the tips below when you go grocery shopping and you will be surprised at how much you will save each month.