Hello love guru.
AB this side. In 2019, I finally met the love of my life. The true love. My soul mate. He is everything a girl could ask for. And the best part is he also reciprocates the same. Despite the initial disapproval from my mom, I haven't given up yet (She rejected on the basis that he is my friend's relative and my mom doesn't like my friend that much). Also my friend never wanted me to be with him; thanks to their childhood banter. But you know love is love.
So in 2020, thanks to the pandemic, I had to quit my job and come back home. So my partner and I decided to prepare for UPSC and UGC NET respectively in order to win our families' approval for marriage. The actual problem is that he assigned me some note making work and I never completed it on time. I have done this twice. I feel bad and guilty. I feel like breaking up with him. Because of me, he is never able to get prepared for his exams. But he never wants to give up and encourages me to try one more time since he is preparing for 2023 exams. I do want to marry him but my demons are hovering over my future. I don't know what to do? What can be done in this situation? Please help me. Am I too late ? Or there is still some hope left?
Sincerely 
AB

Ans: 1. Assess and List Out All Debts
List each loan and credit card with:
• Amount owed
• Monthly EMI or minimum payment
• Interest rate
This will help you understand which debts are costing you the most and need to be prioritized.

2. Create a Bare-bones Budget
• List your essential expenses only: rent, food, utilities, transportation.
• Allocate most of your income toward debt repayment: Many people use a “60-30-10” rule—spending 60% of income on debts, 30% on essentials, and 10% on minor needs or savings, if possible.
• Cut all non-essential expenses (entertainment, eating out, subscriptions).

3. Prioritize Payments
Pay expensive loans first: Focus on debts with the highest interest rate (usually credit cards)—this is called the Avalanche Method.
Always pay at least the minimum on all debts to avoid penalty charges or further damage to your credit score.

4. Talk to Your Lenders
Request lower interest rates or extended loan tenures. Some banks and NBFCs might offer hardship or restructuring programs.
Ask about converting credit card balances into loans with lower EMIs.
Check if you qualify for a debt consolidation loan to combine all debts into one EMI at a lower rate.

5. Explore Additional Income Sources
Take up a side job or gig: tutoring, food delivery, freelancing, weekend work, etc.
Sell unused items online.
Any extra amount should go directly to debt repayment.

6. Avoid Taking On New Debt
Don’t use credit cards or personal loans for discretionary spending.
Avoid “payday loans” or instant loans with high interest.

Sample Monthly Action Plan
Step Amount Allocated
Income (per month) ?28,000
Essentials (rent, food, etc.) ~?8,000-?10,000
Debt repayments ?16,800-?18,000+ (60%+)
Other (emergency savings) ?0-?2,000
If your current minimum payments are more than your income allows, you must negotiate with lenders, as defaulting will further hurt your financial health and credit score.

Mindset Tips
• Celebrate small wins; every rupee paid reduces your stress.
• Stick to your plan—discipline will help you get through this.
• Don’t lose hope—many have successfully cleared similar debts with patience and perseverance.

Final Note
Your current income is not sufficient to clear such a large debt in a short time. Becoming debt-free will require:
• Aggressively cutting expenses
• Increasing your income wherever possible
• Negotiating with lenders for the best possible repayment terms
Seek help when needed and stay disciplined throughout the journey.