With money getting tighter each month, what may start off as a small debt can quickly grow into a serious problem. It’s an issue facing families all over the country every day, but there are steps you can take to ensure that debt doesn’t take over your life.

Don’t bury your head in the sand – If you have a debt problem, admit it, regardless of how small you might think it is. Talk to your friends – you’ll be surprised how many are in the same situation. Write down your debts so you know exactly what you owe, and to whom.

Budget – Draw up a list of all your outgoings, and be honest about how much you spend, from your mortgage or rent right down to any newspapers or coffees you might buy. You may be shocked to see how much you spend on things you could live without.

Priority debts – Work out which of your debts are a priority. This should include rent or mortgage payments, fuel bills, council tax arrears, court fines, income tax or VAT arrears and maintenance payments. Make sure these are all accounted for in your budget.

Talk to your creditors – After you draw up your budget you’ll be able to see how much is left over to pay off any other debts. If it’s not enough to meet the minimum payments, make sure you contact the people you owe and explain your situation.

Seek advice – If you’re struggling to make repayments, or simply don’t have enough money to make any payments, get some help. There are a number of free organisations that can talk you through your options and maybe even talk to your creditors on your behalf. Visit your local Citizens Advice Bureau, or call the Consumer Credit Counselling Service (CCCS).

‘Managing Your Debt’, a Which? Essential Guide written by Phillip Inman, is priced at £10.99 and is available from which.co.uk or from bookshops.