
Originally Posted by
BanginJimmy
Couple things I did when I screwed mine up and got in a bunch of debt.
1. Personal loan and consolidated all my debt into 1 payment that was less than just the combined minimum payments.
2. keep all the accounts open and use a different one every month for gas and emergencies ONLY. And no, a night on the town is not an emergency. Also make sure you pay it compeltely off every month.
3. Live with basics only. Yes it sucks, but I found the easiest way to do it was to find something you enjoy doing for long periods of time and doing those things. I got a library card and read every book in the place that was even minorly entertaining. I also made an exception and kept my cable internet and played online games.
4. No fast food. You can feed yourself 3 solid meals a day for 7 days on what you would spend on 5 days of lunch only.
1, and 2 will help you to put your credit back together and keep more cash in your pocket.
3 and 4 are just to keep moe cash in your pocket which will also allow you to pay the debt down quicker which, in turn, will get your credit back together quicker.