First solution to managing debts

In my last post, I mentioned the problems of different type of debts. Now, let me give some tips on how to reduce these debts. The first solution is to deal with the problem of car debt. One of the problems of the working class is buying expensive cars. They like using new cars. How can someone on an annual salary of $50,000 finance a car of $30,000. It is too expensive even when one is single and live with parents. So, the solution is to sell your new brand car and buy a used car of between $5,000 and $8,000. The difference you receive from the sale of a new car should be used to pay student debt or mortgage. This should be the first solution to the problem. Think about this and take action immediately. 
     In my next posts, I will provide more solutions.