This is not to say that getting out of debt needs to be an excruciatingly painful process of complete deprivation. As the old saying goes, ‘when you’ve got a lemon, make lemonade’. In order to get out of debt, you need to re-prioritize your needs versus desires. Let’s take a look at how you can restructure your lifestyle and expectations to start getting rid of debt. First, you’ll want to work up a spreadsheet which reflects your current expenditures. Save every receipt for every purchase and payment you make each month. If you’re behind on a payment, analyze those receipts and see where every dollar went.