New York City is one of the most expensive cities in the United States. The cost of living is extremely high, and over 1.5 million city inhabitants live below the poverty line. As more people face financial hardship and declare bankruptcy, it becomes increasingly difficult for NYC residents to stay out of debt. Online consumer credit counseling services are extremely beneficial for New York citizens who may be experiencing economic challenges.

Many people choose to move to the area because of its exciting nightlife, diverse population and employment opportunities. How can one avoid debt and bankruptcy and still comfortably survive in a costly metropolitan area?

• Find a roommate. Housing in many New York City neighborhoods is extremely costly. Renting an apartment in a secure, safe and cultural area can easily cost thousands of dollars per month. Online consumer credit counseling services suggest finding a roommate or two to share the rent. This can substantially alleviate your living expenses and help you avoid debt. Before you move to the city, research various neighborhoods and housing options. Find a no-fee apartment where you do not have to pay a broker's finding fee.


• Get help. Free consumer credit counseling services, like Advantage CCS will help you manage your financial situation. Trained New York debt management counselors will help you learn to manage a budget and avoid bankruptcy.


• Use public transportation. The expense of parking and driving your car in the city in uneconomical and can put you into debt or bankruptcy. Most people use the city's efficient public transportation system. You will also save significant amounts of money on annual auto maintenance, car repairs and gas.


• Avoid unnecessary expenses. One of the many reasons why people choose to move to New York City is its abundance of night clubs, fine restaurants, bars and taverns. However, going out to fancy dining venues every night can quickly place anyone into debt or bankruptcy. This doesn't mean that you shouldn't enjoy yourself ? you simply need to plan ahead. Visit bars during their happy hours to enjoy cheap drink specials. Look for free or inexpensive events like wine-tasting exhibits and art show galleries.


• Shop smart ? Browse thrift sales and secondhand stores. You can save significant amounts of money on items like clothing, furniture and books. You can also check one of the city's many newspapers for local estate sales that can save you cash and keep you from declaring bankruptcy.


• Avoid getting further into debt ? Don't use credit cards unless you absolutely have to. Make sure you can pay the bill in full the next month. Obtain the advice of free online consumer credit counselors. Learn to efficiently manage your bills.


• Create a budget. Find the total of your monthly rent, food costs, utility bills, phone bills and necessities. Then subtract these from your income. Are you spending too much on bills? Do you break even? Calculating your income and expenses can help you avoid further debt.