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Of course, in keeping with saying, prevention is better than cure, you should try and not get into debts in first place. True, easier said than done, but it is not wholly impossible. Make a list with two columns. One has details of your income and other, your expenses. Do away with anything you want, but don't really need. You want to go for a trip abroad, but you need a new dishwasher. Go for dishwasher. Whatever you are left with after paying all your bills, try keeping your money in bank. If possible, open a savings account. This is a good way of paying your self instead of paying creditors.
Careful and wise thinking not only saves you a lot of trouble, but it also keeps you out of debt. If required, keep your credit cards out of reach. When you go out shopping, make a list beforehand and calculate amount you need to spend. Carry cash, if it is very difficult to resist temptations. This will make you yearn for things you would love to own but, in long run, it will save you from untold miseries. Small sacrifices have always saved world. Make smaller sacrifices to protect your world from crumbling down. To get out of debt, don't get into it in first place!
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Medha Roy is the owner of http://www.debt-consolidation-loans-credit-card-debt-reduction-services.com. She has been into personal finance for more than 10 years now!