If you are going to change your spending habits, you must first change the way you think about spending. Or to be more accurate, you must start thinking about your spending habits.For whatever reason, when we are stressed out with a heavy debt load, we spend foolishly to sooth our disturbed feelings, when we should be denying ourselves the trivial pleasures in order to pay down our debts.
Some people get so deep in debt that they feel it is hopeless. There is no such thing as being hopelessly in debt. It only becomes hopeless when you give up and quit trying. If you are at the point where your debt seems hopeless to you, then look into debt counseling first. If that doesn't help, look into debt settlement. As the last resort you can bankrupt and be back on your feet within 5 years if you will control your spending.
Start cutting your spending by stepping on the scales. If you are overweight, kill two birds with one rock. Quit eating so much and you will lose weight and save money too. The TV that you turn on just because its there; turn it off unless there is something specific that you really want to see. When you leave a room, turn off the lights. Don't wash a small load of clothes in a super load of water and do it in cold water. How many of those little transformers do you have plugged in? cell phones, ipods, laptops, etc.? They continue to draw electricity whether the device is plugged in or not. Don't eat out, but if you do, order from the dollar menu or the seniors menu.Sometimes, if you have not been active that day, your clothes can be hung up and worn another day instead of washing them as a matter of course.
Reducing your expenses is just a matter of common sense. Look at every single thing you spend and ask yourself if you can do without it. I believe it would be worth doing these things for two or three years to get out of debt and then continue the concept more leniently to stay out of debt.
Once out of debt, save up for the things you want or need. Do Not borrow money or buy anything that you cannot pay for immediately.
To do this right you should have a budget, but if you were disciplined enough to create and follow a budget you wouldn't be in debt anyway. That being said, if you can do without something, don't buy it.
You can make yourself miserable by saying you can't get out of debt. The plain truth is "You can get out of debt if you want to". Stop making yourself and those around you miserable by whining about not being able to get out of debt. If you're not going to do anything to get free, just put on a happy face and admit that you don;t want to get out of debt. It would be just too much trouble. Just don't whine!