 TITLE: Should I Get a Second Job to Pay Off Debt? CONTENT: Additional Strategies for Paying Off Debt\n-----------------------------------------\nIn addition to earning additional income and starting with a debt repayment strategy, there are a few other things you can try to help you get free from debt:\n*   **Create a budget****.** This may sound obvious, but if you haven't created a budget, you don't have a clear view of money coming in and money going out. Budgeting can help you live within your means by identifying places where you may be able to cut costs and redirect money to debt payments at least until your debt is paid down.\n*   **Consolidate debt****.** If you have multiple forms of high-interest debt, such as several credit cards, another option is to consolidate them into one account, ideally with a lower interest rate. One way to do this is with a low-interest debt consolidation loan you can use to pay off your other debts. Then you're left with one monthly payment, which can be easier to manage than having multiple accounts with different due dates, interest rates and payment amounts. If you have high-interest credit card debt, another option is to do a balance transfer to a credit card with an introductory 0% APR period.\n*   **Consider credit counseling and debt management.** If you're unable to wrangle your debt on your own, you could meet with a nonprofit credit counseling agency, which can help you form a strategy and create a budget. They can also put you on a debt management plan, in which they may be able to negotiate lower interest rates with your creditors. With this plan, you make one monthly payment to the agency, and they distribute it to your creditors. END