<prompt> Human: Hi, I am a 26 year old who has started going to college again. I make roughly 12k a year, and have no rent. Problem is, I made some terrible decisions in the past and am now feeling the pain. I bought a brand new car that I owe 8,700 on still but is worth 12k on trade in. I also have about 8,000 in credit card debt due to needing to help my parents out with plane tickets back to India that they cant pay back yet. The interest on the card is killing me. I was thinking on trading in the car for a Honda Accord that is listed for 13k with a minimum payment of 230. The payments I am currently making are 450 a month plus 103 for insurance. I could keep the same payment amount on the Accord to stay ahead of depreciation should I have to sell it off again.I asked if I could take the remaining equity from my trade in and get it in the form of a check instead of putting it toward the Accord, but the dealer says its illegal to do in Wisconsin. If I were to get this equity, I could pay down that credit card saving me a ton of interest every month nearly 20.I also bought a Harley for 10k in April of 2014, but havent been able to ride it as my newer job is over 60 miles away. It only has 400 miles, but I still owe 7,400 on it. What are my options with this? I have tried putting it on craigslist for 8k obo, but havent gotten any calls on it in months. The payment is 250 a month on it plus 40 in insurance a month. I have heard of turning in the keys at a dealer, how would I go about doing that?Thanks, and please be gentle. I know I made big mistakes, and now I just want to live a frugal life. I dont want the stress of luxuries.  <response>: You need to sell your car, and your motorcycle.Dont get a 13,000 car as a replacement. Get a 5,000 car or less.Your motorcycle isnt selling because its winter and nobody is in the market for a motorcycle. Once youve sold off your expensive stuff, its time to make a budget and stick to it. rYNAB focuses on a specific budgeting software which you might like a lot. With your budget, youll plan on paying down your credit card as fast as possible. The beauty of a budget is theres no need to worry about being able to afford something. You either can or you cant. Can I put another 1,000 towards my credit card? turns into I can put another 1,500 towards my credit card, and still have enough to cover car insurance, beer, etc.Depending on your credit score, you might be able to take out a very low interest car loan. If you have a low interest car payment, and a high interest credit card payment, then you pay down the credit card first. 