A Life Without Debt For Everyone
Have you ever given any consideration to a life without debt? Can you even imagine how you would function without credit cards, without a mortgage and without owing money to anyone? What would you do if you wanted to hire a car or stay in a hotel or buy concert tickets?
Listening to the news about the recession and the financial woes of our country and the world is pretty scary. Hearing about the job losses, the foreclosures on homes, the companies that are closing down is enough to make anyone feel very worried about their financial future. And for those of you who have already lost your retirement savings on the share market, you already know what it feels like.
Lets stop talking about the negatives. Most of us are sick and tired of the bad news. In this country we are lucky to have choices, we can decide to make each day a good one. Lets find something positive and make some new goals that we are excited about. How about making a goal to start living your life without debt? Would that excite you? How would you start? If you are not quite sure I can give you some tips.
Get rid of the credit cards right now. Check out the banks to see what is the best and cheapest debit card you can find. Debit cards do not put you in debt. You are only able to draw on the money in your account. Bank account empty, debit card charge won't go through. Yes you can use debit cards to pay for your rental car and to book your hotel and they also work at the shops too.
Now you need to pay off those credit cards as quickly as possible. The easiest way to get them paid off is to pay only the minimum payment each month on all of your credit cards except for the one with the least amount of debt.You must find extra money, more than just the minimum to pay off this one each month till its paid off. Choose the credit card with the next least amount of debt, add the money you were using to pay off the finished credit card, to the minimum due on the next one and use all that money to pay that credit cards down. Keep on like this till all your credit card debt is gone.
Make a plan and stick to it. Have the whole family help to create a budget. When shopping pay only by cash or debit card. Start an emergency fund, and save for future purchases.
Living without debt will be so very wonderful for you. It takes away all the stress. It gives you feelings of security, knowing that you are rowing your own boat and are not owing anyone money. You will never be vulnerable again in times of boom or bust financial markets. It becomes a way of life that is so great that I don't think you would ever want to go back. Enjoy!
Listening to the news about the recession and the financial woes of our country and the world is pretty scary. Hearing about the job losses, the foreclosures on homes, the companies that are closing down is enough to make anyone feel very worried about their financial future. And for those of you who have already lost your retirement savings on the share market, you already know what it feels like.
Lets stop talking about the negatives. Most of us are sick and tired of the bad news. In this country we are lucky to have choices, we can decide to make each day a good one. Lets find something positive and make some new goals that we are excited about. How about making a goal to start living your life without debt? Would that excite you? How would you start? If you are not quite sure I can give you some tips.
Get rid of the credit cards right now. Check out the banks to see what is the best and cheapest debit card you can find. Debit cards do not put you in debt. You are only able to draw on the money in your account. Bank account empty, debit card charge won't go through. Yes you can use debit cards to pay for your rental car and to book your hotel and they also work at the shops too.
Now you need to pay off those credit cards as quickly as possible. The easiest way to get them paid off is to pay only the minimum payment each month on all of your credit cards except for the one with the least amount of debt.You must find extra money, more than just the minimum to pay off this one each month till its paid off. Choose the credit card with the next least amount of debt, add the money you were using to pay off the finished credit card, to the minimum due on the next one and use all that money to pay that credit cards down. Keep on like this till all your credit card debt is gone.
Make a plan and stick to it. Have the whole family help to create a budget. When shopping pay only by cash or debit card. Start an emergency fund, and save for future purchases.
Living without debt will be so very wonderful for you. It takes away all the stress. It gives you feelings of security, knowing that you are rowing your own boat and are not owing anyone money. You will never be vulnerable again in times of boom or bust financial markets. It becomes a way of life that is so great that I don't think you would ever want to go back. Enjoy!
About the Author:
India Moon has been helping people get out of debt for more than for 10 years. For freestrategies and tips please make sure that you check out help getting out of debt Click here for even more Free Debt Help
posted by Debt Consolidation Loan at
8:40 AM
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