How to get out of debt on a single income after a divorce

Q: My husband and I recently divorced. I’m having a hard time adjusting to the single life. When we were together, we had more money coming in, but now I’m renting a one-bedroom apartment, which costs me $1600, not including my hydro and internet. I’ve also got car expenses and my cellphone bill. I only make $45,000 a year. Needless to say, it’s been hard to adjust to all these expenses and I’ve racked up about $4,000 in credit card debt. I make the minimum payments to keep a decent credit score, but I don’t think I’ll ever be debt free at this rate. What do I do?

A: It can be a challenge adjusting to a single income, post-divorce because suddenly you become responsible for the entirety of your living expenses. You’re not alone, however.

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