Chances are that if you are not able to pay your bills at 50, you will not be able to make ends meet going forward.  Rather than ignoring the situation and making matters worse, you should take steps now to restructure your finances to make ends meet now and make your future a bit brighter.  You can negotiate to lower your interest rates, pay down debt and earn a little extra money by using the experience you have in your chosen field to freelance.  For more about how you can make ends meet read, “5 Tips to Help 50-Somethings Make Ends Meet.”