Debt is not a bad thing, but it is how a person manages the debt that gets them into trouble. Bad debt management can cause stress. To avoid this problem don't let bills get overdue. Avoiding overdue bills is also avoiding additional fees and reducing debt.

Some tips can help to avoid debt.

Whenever possible use cash to pay and have a limit on your purchase. Bring enough money that you can spend on your shopping. It is also better to have a list of the things you need to buy to avoid suddenly buying things that are not that important.

If you absolutely cannot avoid borrowing money, be sure to choose a lender that offers the lowest interest, or supports you in paying off your debt.

Cash Back from lenders helps to know that when you make a payment, you are rewarded and supported.

Avoid applying for more than one or two loans simultaneously to avoid deep debt. Just borrow money according to your needs and ensure you can pay it back on time. Having proper management of the percentages in your budget, as well as understanding the right spending, also helps you manage your responsibilities so that you don't overspend on things you can live without.

Life happens, and emergencies crop up. You might need to reduce your payments temporarily, so you could pay a smaller amount and ask for a grace period or for your interest to be frozen. You can always negotiate with lenders, but you MUST talk to them and stay in touch.

If you hide from your debt, it will increase, but if you talk about it, and negotiate different terms, you can manage your way out of debt..