How Debt Management Works
Debt management is modifying your budget to keep track of your spending and pay down your debt. Keeping track can save you a lot of money in the long run. Credit cards and personal loans tend to have a higher rate of interest than mortgages. People often have many loans and we can save money by paying off the debts with the higher interest rates first, or consolidating the debt to make it easier to handle.
Re-look at your mortgage
There are option available to reduce your interest payments - such as cash accounts which offset against your mortgage or revolving credit facilities which can keep your debt payments down.