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Home» Questions»Q 200149
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

HisGrace001
HisGrace001
Asked: September 25, 20252025-09-25T10:26:19+00:00 2025-09-25T10:26:19+00:00In: Loan and Debt Help

How do one stay from debts even when his broke

to help reduce the rate of debt, which must people take because they are broke and to help with good advice on how to handle such situations 

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2 Answers

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  1. Avarose
    Avarose Enlightened Mentor
    2025-10-16T05:10:48+00:00Added an answer on October 16, 2025 at 5:10 am

    When you’re broke, it’s easy to fall into debt, but the best way to avoid it is to live within what you have, no matter how small. Focus on budgeting your money carefully, paying for only the essentials, and avoiding unnecessary expenses. If you need help, look for ways to earn extra income, even smRead more

    When you’re broke, it’s easy to fall into debt, but the best way to avoid it is to live within what you have, no matter how small. Focus on budgeting your money carefully, paying for only the essentials, and avoiding unnecessary expenses. If you need help, look for ways to earn extra income, even small jobs, rather than borrowing. Also, try to build a small emergency fund, even if it’s just a little at a time. Remember, debt can make problems worse, so being careful with money and planning ahead can help you stay out of trouble.

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  2. eldavis
    eldavis Enlightened Mentor Graphic designer
    2025-10-16T18:37:23+00:00Added an answer on October 16, 2025 at 6:37 pm

    One thing that helps me stay out of debt even when am broke is that i exhibit self control and avoid buying anything I can't afford at the moment. One major reason as to why so many people go into debts is due to the fact that they lack self control and discipline. They end up buying anything and evRead more

    One thing that helps me stay out of debt even when am broke is that i exhibit self control and avoid buying anything I can’t afford at the moment. One major reason as to why so many people go into debts is due to the fact that they lack self control and discipline. They end up buying anything and everything even when they know what they have is not enough.

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