<prompt> Human: Throw away account.. so here goes..Some very bad and still on going financial decisionsdecision making has led me and my family into an extreme amount of debt, that even with my good salary is forcing us to teeter on disaster constantly. Me and my wife have 3 young kids and I fear that if we dont get this under control we are going to destroy their future. The goal like for most is to pay off the debt as quickly as possible while at the same time doing minimalno damage to my credit. Very much understand we need to change the way we spend and sell stuff to recoup some of the costs, just not sure where to start.The situation 120k yearly salary6400 take home a month Wife: stay at homeextemely hard working mom Credit is low 700s due to debt utilizationDebts Car 1 lease: 22k690 1 year left and then a 11k buyout Car 2 leasemini vanmain car:25k308 1 year left then 20K buyout Open line of credit: 22k676 a month Student loans all consolidated with Mohela:36k900 a month3 and 12 years left Personal Loan: 21k538 a month Wells Fargo Home Improv Card new front door: 2,380100 a month Credit Card 1: 2,600200 a month Credit Card 2: 1k100 a month Credit Card 3: 15k500 a month Mortgage: 112k1200 a month Home Equity loan: 28k436 a monthI make too much damn money to not be able to pay this off and I know there are others who make far less that are able to get things under control.  <response>: What have you been spending this money on?You make a lot of money but its real easy to see your income get sapped when you think youre rich. Those cars are crazy. I make exactly what you make, have three kids at home under 5 and a wife who also stays home with them, and I spend 14 what you do on cars. When a lot of your extra income falls away like that, then these problems get a lot easier to get into.You have to do 2 things, and in this order:1. Stop. You guys have to stop. Is it you? Is it your wife? Is it both? You need to figure out what about your mindset allowed you to continue to take out debt even when you already had a ton, and address it.2. Pay off your debt in order of interest rate.Sell your crap. Dont renew your leases. Stop updating your home. No more expensive cosmetic appointments, if applicable. No more expensive hobbies if applicable. You guys have to fix this, and then slowly see what kind of lifestyle you can actually afford, because its not the lifestyle youve been living. 