Create a budget: Make a list of all your fixed expenses and see how much money you can maintain each month to pay off your debts.

Prioritize your debts: List the items you owe from smallest to largest debts and pay off the smallest ones first while paying the minimum payment for larger debts.

Negotiate with creditors: Contact your creditors and try to negotiate a payment plan that is manageable for you.

Explore debt consolidation: A consolidation loan permits you to repay your various debts so that you have a single payment each month.

Stop adding to your debts: Stop using your credit cards or taking any new loans, and start saving.

Increase your income: Try to find other ways to earn money like picking up a side job, selling items you don’t need, or freelance work.

Seek financial guidance: Consult a financial planner or credit counseling agency that can help guide you on how to pay off your debts.