It is possible to get yourself out of debt and live debt free.  This might sound like an impossible feat to those who are up to their ears in debt but with some guidance, you too can accomplish this.   You begin by creating a budget.  You sit down with pencil and paper or get a computer program budget and list all the money you have coming in each month.  This will let you know exactly how much money you have to work with. 

Then you create another list of where all your money goes.  Rent, food, gas, clothing, entertainment, vacation savings and credit card payments. Don't forget ATM fees or quarterly insurance payments.  When you can see in black and white where you money is going, you can then find ways to cut back in some areas.  It doesn't take much, a little here and there and before you know it, you have more money to put toward your credit cards balances.  This is your goal, paying off those balances. 

You can also use coupons as often as you can to save money. Take a look at discountvouchers.org next time you need  a item or a service and see how much you can save.  There is also an Equifax discount code to save on your credit score report.