If you’re looking to get out of debt, the best way to do it is always going to be quickly. It’s not easy to be in debt and owe money. The frantic paddling under the surface that’s going on because you don’t know where to turn when you owe a lot of money is scary, but there are ways to get out of your debt situation.

No one likes debt. Unless it’s the good kind of debt like student loans and mortgages, people avoid debt as much as possible and they avoid credit if they don’t need it. The problem is that we are a nation of debt, and our futures rely on us choosing debt sometimes to move forward. Credit to buy a car. Credit to buy a phone. A mortgage on a house. All of these things count towards debt. You can sell your home to companies that claim “we buy any house” and pay down some debt, but you’d be back in the rental game at square one if you did that. Sometimes, the worst kind of debt starts by falling on hard times and not being able to recover fast enough; so debt builds and builds. The good news is that there are some strategies to help you to recover from debt and move forward with life, and those strategies include these six ways to get out of debt faster:

  • Paying more than the minimum on all of your credit cards is going to be the first big step to getting out of debt fast. You’ll be able to pay everything that bit more every month, which will go a long way to ensuring that your finances are solid and your interest rates lower.
  • You could take on some smart debt. If you have multiple loans and credit cards, consolidate them all into one manageable repayment with one loan and you’ll be able to pay everything off much faster.
  • If you are able to, use your skills to pick up a side hustle and earn some extra cash that way. The money that you earn can go toward paying down your debts and you’ll get so much further than you expected as you have two incomes there to help pay things off.
  • Live a little frugally for a while as you pay your debts off. There’s nothing better than knowing that you are saving as much money as possible, and you can really get acquainted to cheese on toast for a while!
  • Sell what you don’t need and consider putting the money you earn into paying off the debts. Garage sales and online selling are the best way to get started here, and you can use the money wisely, too.
  • Call around all of your utility providers and ask for lower repayments and interest rates. Making life more affordable while you’re paying off your debts can make a big difference to the speed in which you pay it and the money you free up each month, too.