Some tips to reduce debt problems - Don't let your debt problems overpower you. Be analytical, creative and realistic to find options that can help you out. - What worked out for somebody else in resolving his economical problems may not be the best choice for you. - Don't feel embarrassed by having financial problems. It could happen to anybody. If you admit you are facing some difficulties, your family and work colleges would be willing to help you in different ways, either by making savi.