Debt can be debilitating. Consolidating your debt can feel like an impossible task, especially when you don’t earn a large salary. If you’re behind on your bills because you’re trying to repay debts, it can feel like you have nowhere left to turn. Thankfully, you can apply for instant cash loans when you need urgent financial assistance. Until then, here are three reasons why you’re still in debt and how you might be able to do something about it.

You Have Poor Spending Habits

Not everyone is careful with money. Most people are in debt because of regrettable purchases and poor spending habits. If you want to repay your debt, you have to adjust your behaviour. If you keep buying many small things, eventually, it will add up. Try to limit even insignificant expenses, such as buying lunch or takeaway coffees every day. Many of these small purchases will add up to a lot of money over time. You can use an online spending app to get clarity on where your money is going. Once you know just how much is being wasted, you’ll stop spending it unnecessarily.

You’re Using Your Time Unwisely

Debt is challenging to get rid of, and it can take a very long time to consolidate. If you want to decrease how long you’ll be making repayments for, you need to consider your time as a commodity. Time is something that you can’t get back, especially if you waste it by spending time stressing about money. If you want to earn an extra income so that you can make larger repayments, consider using your spare time for freelancing. It won’t be easy, but if you don’t start making substantial repayments soon, you’ll carry that debt for years.

You Still Don’t Have A Budget

Creating a budget is critical. People use them because budgeting your money works! There are apps available to set them up, which send reminders to help you stay focused on making repayments. You’ll be in control of your money more, in a better financial position with what you earn, and you’ll pay your bills and debt off on time.


Having debt is taxing – literally and figuratively. Don’t you want relief from your debt stress? Unfortunately, you’re in debt for a reason, and the situation isn’t getting any better because you allow it to stay the same. Use these tips to help you consolidate your debt little by little. Thankfully, when you’re in a pinch and need cash immediately, you can apply for instant cash loans for fast, financial relief. For the time being, make sure to change your habits that have kept you in debt.