How To Use Debt To Transform Your Life
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Word Count: 256 Character Width: 60 Resource Box: Debt-Free For
Life
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How To Use Debt To Transform Your Life
- by Steven Erlick MA
(c) Steven Erlick. All Rights Reserved. http://www.BookShaker.com
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Debt is not usually considered to be a positive event in your
life but it can be. Uncontrolable debt can act as a catalyst for
change. The trick is to take charge of your money and debt so
that you are in control.
Firstly you have to accept that there is a problem and resolve
to do something about it. Once you are determined to bring your
house in order you can start to change your life. You of course
need to see an advisor for sorting out your financial problems,
but at the same time you can start to reflect on how you will
live without debt.
One useful technique to transform your life is to write your own
financial obituary. It would explain how you previously lived by
spending more money than you had but that you decided to do
something about it and became debt free. It's a simple device
but a very powerful one as it externalises what you will be
doing. You are writing an obituary to signify that the old you
is no longer and that the new you is being reborn.
If you follow up writing your financial obituary with a written
contract with yourself so much the better. It should state what
you intend to do and how you intend to do it. It might mention
your commitment to living frugally or list the ways that you
intend to increase your income. It does not matter, as long as
it is real to you and you sign it!
=========================================================== Debt
is not your fault. Learn how to get out of it and prosper. The
acclaimed Debt-Busting Manual "Debt-Free For Life: Prosperity
For the Rest of Us" is available here...
http://www.bookshaker.com/product_info.php?products_id=115
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