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You can spend the whole day just looking at your calculator and the long list of debts that you have to pay. This will not change the fact that you need to act upon those numbers and do something to redeem yourself. What you can do is to pick up your pen and paper, then start creating a list of ways for you to earn more to start paying all the debts.

Your debts are not going to go away in a blink of an eye. It will require a lot of discipline and hard work, to raise the money that you need to pay them off. However, there are also smart ways to get it done and in more efficient ways. This includes getting a consolidated loan which should suffice to cover all debts that you have. You only need to make sure that when you take out that loan, is that the proceeds will go directly to paying all the debts on your list. Make no excuse in getting any portion, if it is not part of your computation. This way, you will only have to focus on one loan account.

Your consolidated loan will also serve as an extension of your payment terms from all your debtors. This gives you ample time to look for the additional source of income that you need to sustain your needs and paying all the debts. You just have to keep your focus on your goal to do so.

You can look for other means to settle your financial obligations. Others may opt to request for a loan restructuring to extend timeframes and get a recomputation. Whatever solution you may opt to go for, you should always ensure that you are not compromising your daily subsistence when paying all the debts. This way, you and your family will remain secure while gearing towards financial freedom.