One of the worst situations for anyone to find himself in is under the load of debt. Those who have gone through such situations can tell you how harrowing that experience is. At such tough times, one looks at the debt like a great white shark coming at him with a jaw full of teeth! The best solution is to avoid stepping out of your iron cage; do that and you’re fish food. Debt Relief: The first and foremost option you have of getting rid of your debt is debt settlement – there are companies that serve as agents between credit card users and credit card companies and come up with a negotiated plan where their clients agree to pay a certain amount that will take them out of the debt burden. This program is also called “debt relief” and has been a very popular option; however, recently, it has become very notorious option as many companies misguide people to make a quick buck. DIY An alternative to hiring someone else to do your budgeting is DIY (Do It Yourself). Create a proper yet simple payment arrangement outline and follow it. Keep a detailed record of every transaction and plan every step towards cutting down your credit card debt to zero. Simpler Lifestyle Freeze all of you credit cards and start to live without them, it will not only stop your debt from increasing but it’ll also discipline your life by teaching you how to spend within limits. To clear your debt, change your life style and avoided unnecessary luxuries because it isn’t worth the hassles. Fruits of a Simpler Lifestyle A simpler lifestyle results in savings and these savings can be used in paying off credit card debt. You could always go on that vacation you’ve been planning since forever, or maybe buy that car that you always wanted. More importantly, savings come in handy during emergencies, and imagine how easy you’ll feel when you know that you have a decent, growing sum locked away in your savings account. Going for simpler life generates saving, and helps you pay back the debt that you’ve acquired. It’ll also make it easier for you to deal with any unforeseen circumstances and handle any emergencies that might arise.