Step 5 – Build a budget and stick to it 

• Create a budget to help you identify ways to cut expenses
• Be sure to set goals and limits
• Use savings to eliminate debt (high interest rates outweigh the benefits of dividends accumulated in savings accounts)
• Lock away cards or freeze them
• Don’t apply for new cards
• Pay off high interest credit cards first
• Be wary of credit repair companies
• Use new accounts in moderation
• Make more than the minimum payment, and if possible, pay off in full
• Consider the benefits of consolidation 
Download a personal budget form.