It's not easy to get rid of your debts ! Make it happen by following these 10 steps, they will be very helpful in order to get rid of your debts problem.

Here are our suggestions :

• Recognize that you have a debt problem and be assured that there are solutions to settle these debts ;
• Break the vicious cycle of debt that consist in always borrowing more money to meet your obligations ;
• Write down your expenses by accumulating your spending bills each month ;
• Sort your expenses by category, in order to be able to plan your budget ;
• Make a list of all your debts and identify your monthly payments and interest rates for each debt ;
• Eliminate all unnecessary expenses, such as the gym membership that you never use ;
• Pay the maximum possible each month ;
• Be disciplined and stick to your budget ;
• Negotiate a repayment plan of your debts with your creditors ;
• Pomerleau & Associates Trustee can help you give a new direction to your life and achieve sound financial management. Call us for a free consultation.