If you have debts from a number of sources, there are ways you can reduce or better manage them.  We can recommend the best options for you, but here are just some of the strategies you might use to manage debt.

Budget
Take time to complete a budget planner.  It will help you get an idea of where you’re spending money, where you can potentially cut back on spending and how much is left over after you’ve paid all your regular bills and living expenses.

Reduce your mortgage
Any extra payments you make on your home loan (especially in the early stages) will reduce the interest you pay.  Using spare money to make extra payments can have a big impact in the long run, potentially reducing your mortgage term by years.

Combine your debts
You could take out a personal loan or consolidate everything with your home loan to repay your debts.  This can make life simpler as you only have a single payment to make each month.  Plus, if the loan has a lower interest rate than your other debts, you save money.