Thought This was really interesting
I don’t know about anyone else but addiction can lead to being in debt, I am already on a mission to clear my debts, my Amex and Visa have taken a beating, but now I am slowly repairing the damage and I have credit available and starting to achieve financial security, and savings.
I found the information below - which I thought was of interest, so I cut and pasted, this should be only used as a guide as I found this online.
Recovering from any addiction is an incredible and laudable feat. If your addiction brought you into debt, though, getting sober is just the first step. You need to get out of debt to reduce your stress, thus reducing your risk of relapsing. Moreover, eliminating your debt is the final step on the journey toward better control over your own life.
Find Employment Or A second Job (this should be done when you think you are ready)
Pick up a second job so you can earn some extra cash. Baby-sitting, freelancing, yard work, or even retail are all good options. A second job also offers another benefit: it will burn more of your time, which is a good thing for a recently sober addict. When you have many time commitments, you’re less likely to indulge your addiction out of boredom.
Avoid New Debt
It can be tempting to sign up for that shiny new credit card, particularly if you’re convinced that doing so is the key to getting out of debt. Think again, though; if you’re a recovering from any kind of addiction, odds are good that debt is, for you, akin to another addiction. Remove your access to credit cards, and never take out new debts to pay old ones.
You may, however, consider consolidating your debts onto one low-interest credit card. The key here is to commit to not putting a single new cent of purchases on the card.
Pursue Credit Counselling
You don’t have to become a financial expert to get out of debt. You just have to reach out to people who can help you. A credit counsellor can help you determine which debts to pay first, and may also offer tips on frugal living, avoiding future debts, and structuring your payments to get the most bang for your buck. Be warned: some credit counselling programs are scams. Don’t pay a large sum for debt consolidation or to fight your debt, and note that most credit counselling programs are free or very low-cost.
Pay High-Interest Debts First
Follow your credit counsellor’s advice above and beyond anything you read here. But if you’re just getting started, your best bet for getting out of debt is to pay high-interest debts first. These debts will grow the quickest, so pay them now to avoid overpaying in the future. If you have an illegal debt to a bookie or are about to lose your car or home, treat these debts as high-interest debts and do everything in your power to quickly pay them off.