After explaining why you're in trouble, ask the creditor if the company would be willing to accept a smaller amount. Start negotiations at about 30% of the total amount due, with the end goal of paying 50%.

A little personality goes a long way.

When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.

Rolling all of your debts into a single loan is a good idea - in theory. In fact, it can be a great idea.

By definition, saving - for anything - requires us to not get things now so that we can get bigger ones later.

Don't let the fact that you're spending time getting organized result in late fees on your credit card bills.

Save for your goals. Take note of what's coming your way - vacations, the holidays, what ever is going to cost you money - and start saving ahead of time so that you have a stash when the time comes.