Debt Management and Consolidation
How do you know that you are in DEBT? How do you know that you
are really in deep DEBT? Do you think you need DEBT
MANAGEMENT or DEBT
CONSOLIDATION? This are the questions that most
professionals will ask you about. If not, you will ask yourself
this question. The true fact is that once you are interested
even to pop into this web page, most likely you are in debt and
you need advice on debt management or debt consolidation. The
truth is you are not alone, you do not need any high tech
software to give you a profound answer that you are in debt
neither do you need to seek any credit
repair guru to tell you,"you are in debt." In
this journey or articles that I am about to introduce, you will
find that the table of contents are not named with different
titles, they are just simply debt management and debt
consolidation part 1, 2, or 3; this is because you have to
follow our program right from the start and not jump straight
into some chapters that interest you, eg. go right into chapter
3 and skip chapter 1. That WON'T WORK! You have to read all the
chapters one by one. But in order to go any further, you got to
know this: no debt is too high for you to conquer. It is not
impossible for you to turn your situation around and start
living your life. No matter how dire the situation is, whether
is a $2000 debt or a $500,000 debt, there is always light at the
end of the tunnel. If you feel like ending your life at this
instance because you feel that you just cannot get out of the
hole, stop this moment and talk to someone about it, talk to a
debt management expert, someone that can response to your
questions. Always remember that you are not alone, there are
more than 190 million Americans like you that own a credit card
and the average debt is $9000. And that just does not include
home loans and car loans, lots of people are living on debt and
you are not alone. And they don't send debtors to prisons, so
snap out of it and brace yourself up. Okay, fasten your seat
belts, here we go. The journey to becoming debt free starts NOW!
This is not a miracle pill that you take in and by the next day
everything will be back to normal. It is a journey of
commitment. Ever been to the gym, or going on a diet? The key to
these success is commitment. You don't go to the gym to
bodybuild whenever you feel like to, or eat anything you like
when you are on a diet, you have a program to go through. And in
order to achieve results, you have to be committed to the
program that is being layed down. So the first thing to do is
CUT UP YOUR CREDIT
CARD!. Yes, that's right, cut it up. Don't do it tommorrow,
don't do it next week, DO IT NOW! The reason why you have to cut
up your credit card is because only then you will stop incurring
more debts. You will never get out of debt if you continue to
borrow, that is continue to pay from your credit card. Cutting
up your credit cards does not mean closing your accounts, it is
only plastics, you can reapply for a new card again. From now
on, you will be living back in the 70's when credit card has not
appeared on this earth to lure your temptations. Everything you
buy or eat or even enjoy will be paid by CASH. In the beginning
it will be difficult, b ut once you get use to it, it's a
breeze. So get use to it, you have to do everything in cash till
your debt is in control or probably you are more prepared to use
it wisely. We will teach you how to use your credit card more
wisely, the right way. As the saying goes, you can't measure
what you can't count, so to assess your situation you need to
dig out all your bills, receipts, statements, everything that
you owe and start totaling them up. I have provide you a simple
form that you can key in, download it from the end of this
chapter. From the form you will find the "Creditor's Name",
"Amount Owed", "Monthly Installment"(the monthly payment you are
obligated to pay), "Interest" and "Due Date"(Monthly). Now
having said all this, you need to loosen up. As this is not a
miracle as I said earlier, yhou need time to work it out, you
have to think long term. Keep your eyes on the goal, it may take
a few years, but by the time you emerge as a conqueror of the
mountain of debts, you are back in control of your finances.