For some, job layoffs and unforeseen external factors have loaded them up with debt. However, for most, debt is the result of extraneous spending, poor money management, or both.

Here are ten tips to getting out of debt. Some are easier to follow than others, but all are designed to help lower your debt:

1. Create a realistic monthly budget for your expenses.

List all monthly bills and necessities and make sure they are covered by your monthly income. Stick to your budget; any money left over after paying your budgeted expenses can be spent elsewhere Make sure to stay within your budget guidelines.

2. Be diligent about paying off your credit accounts as soon as you can. (that is unless the balance on the card exceeds 50% of the card limit).

First, pay all balances to below Greater than half of the card limit because balances above this level cause your credit score to go down. Then pay off the balance on the credit card with the highest interest rate. If the account was opened within the past year and you have additional older accounts, close it after it is paid off. Repeat this again with the next card thereafter. Continue until you reach the credit card with the most favorable terms (i.e., low interest rates). Use this as your preferred account. You need only four open accounts to establish a positive credit history.

3. Learn to use cash instead of credit cards.

Have one primary credit card and use it only for emergencies or major necessities, such as a new refrigerator. Put your credit card in a safe place, not available for everyday use. Also, decline increases on your credit card limit above an amount you can easily pay off in three months.

4. Use direct deposit for your your compensation

Limit yourself on how much cash you will withdraw each week from the ATM.

5. Cut down on your unnecessary spending.

This includes going to Starbucks for $5 coffee, overusing your cell phone, and other such unnecessary expenses.

6. Evaluate your living situation.

Your housing costs should be no more than 33 percent of your household income, including mortgage payments, property tax, and both property and homeowner's insurance. You can shop around for lower insurance rates, refinance your home mortgage, and look for more economical utility plans.

7. Avoid borrowing money to get out of debt.

Many people think this is a way of helping them get out of debt. Borrowing money, whether from family or banks is not a good idea.

8. Contact your Creditors and try to work out repayment plans.

Many creditors are willing to work with you in a manner that will help them get their money without having to resort to debt collectors.

9. Become a savvy shopper.

Look for deals. You'd be surprised at how much you can save if you take the time to shop around. Check out the price comparison Web sites such as Shopping.com and BizRate.com.

10. Look for extra ways to make some money.

From part-time work to a garage sale to taking in a boarder, there are many ways to bring in some additional income.

If all else fails, seek out help from a debt reduction specialist or counselors who can help you formulate a plan for getting out of debt and staying out. Just make sure that you check out the service in advance. Many companies are simply taking advantage of people in debt and charging them high service charges.