Last month we compared debt to halitosis in the hope that it would shock you into staving off the debt monster. It hasn’t worked yet, has it? Fair enough. We know it’s hard, so here are some more tips.

1. Move your homeloan
Moving your mortgage can save you thousands if you can secure a lower interest rate. In a slower housing market, be bolshy with the banks. They secretly love it and you will get a great rate. The money you save on your monthly payments could help reduce more immediate debts. Your mobile phone company can also advise on cheaper plans.

2. Earn more
Increase your income by taking on overtime or a (legal) evening job if possible. Spring clean your home and sell unwanted clothes, CDs, books, electrical goods and anything you don't want at a car boot or garage sale. And that means the bellbottoms you inherited from your dad.

3. Keep talking
Keep talking to your creditors. They will find it hard to be sympathetic if you ignore their letters and calls or tell them that alien abduction is the reason for your late payment. Lenders are used to dealing with requests for payments to be reduced and interest to be frozen so you may find they can help.

4. Seek advice
Tackling debt alone can seem daunting, which is why it’s a good idea to get help from a top notch financial advisor. It does cost a bit, but will be well worth the cost in the long run. Just make sure it’s not Shabir Shaik.

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