A 30-year-old man sought advice on Reddit for tackling an $83,000 debt. With a $160,000 annual income and no savings, the couple has $29,000 in auto loans and $54,000 in credit card debt. Redditors advised paying off credit card debt first, living frugally, and contributing to retirement accounts if employer matches.

To tackle debt, the couple needs to make drastic lifestyle changes, consider side hustles for extra income, and prioritize paying off high-interest credit card debt. Maximizing employer’s 401(k) match can provide a headstart on saving for retirement, while avoiding unnecessary contributions once the match is maximized.

It’s essential for the couple to focus on getting out of debt by making smart financial decisions, prioritizing payments, and seeking additional sources of income. By addressing their debt early and adopting a disciplined financial approach, they can work towards a debt-free future and secure their long-term financial well-being.

Read more at Yahoo Finance: ‘We Don’t Have Any Savings Or Emergency Fund’