Sometimes you can catch your debt before it becomes completely unmanageable. When this is a possibility for you, you still have the ability to reduce debt the good ole way, by simply paying on your bills, and learning some time tested methods of staying out of debt. What am I talking about$%: What is the old fashion way of reducing debt$%: Well, it is easy, pay your bills. However, there is a little more to it than that, such as exercising your ability to control yourself and your spending.
Now, the first old-fashioned way to reduce debt is to pay more than the minimum on that bill. A good rule of thumb is to take the amount on the bill and double it. In other words, if your bill is for $50, pay $100. If the bill is $100, pay $200, when you write that check to send off to the creditors. Now, of course, not everyone can do that. Therefore, you should consider what you could comfortably afford. Even $10, $20, or $30 more is better than only paying the minimum.