* Write out monthly budgets, and stick to them the best you can.

* Build some savings - saving small amounts will help. Saving will help incase of emergencies.

* Work with your creditors for a debt repayment plan.  If you need to get consumer credit counseling (You do not always have to pay for this service). 

* I would try and ask my creditors for a little more time to pay my bills.   

* Ask your employeer for advances, that way they can deduct small amounts from paycheck each pay period until repaid.

If you have ever taken out payday loans I am interested to know if you continue to use them or would you do it again?

If you enjoyed this post, make sure you subscribe to my RSS feed!