If you just realized that you have made more debts that you intend to or than you think you are able to pay off on time, then you might think that you are in a really bad place. However, if there's still no subpoena or state flags with death threats coming over a few days from now, then you have to remedy this situation because it can still be fixed.

If you have a steady source of income, paying off debts will be easier. If you don't then better try your hand on gambling, the lottery, or just leave the country instead! Kidding aside, here’s on principle which will help you hold off the debt warning flags for longer—first debts first.

You might think that it’s easier to pay off the debts with big interests first or the debts which are smaller in amount, but really your behavior towards debts is majorly dictated by your prioritization abilities. Make a list of the debts that you've made according to the time you incurred them and put the first one at the top of your priorities.

This method works because it is more organized and it will reflect a better credit standing for you. When you pay off the debts in the order that you made them, then you can slowly breathe easily because these people/ institutions which let you borrow will have less things to talk negatively about you. Then in the future, you can still borrow easily. Besides, what if you borrowed money from Friend 1 on September and then you borrowed from Friend 2 on November and Friend 1 learns that you paid Friend 2 earlier? How will you appear then as a borrower? Quite irresponsible, right?

Also, it's better to not incur more debts while you are still working on a whole list of others.