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Are you
scraping the bottom
of the barrel in
these difficult
financial times? Are
you over your head
in credit card
bills? Eliminate
Debt Today!
Here are 7
tips you can
apply to help you
get your finances
under control.
1. Use Common
Sense before you
slip-slide into
further financial
problems. Now wait
just a minute this
really is important,
pay cash for
everything you buy
because let’s be
honest a credit
card lets you
delve into the hot
fire because it is
so easy to swipe the
little sucker
without flinching.
Spending
needs strict control
2. Time and Time
again impulse buying
will kick you in the
butt at the end of
the month. Stop this
bad habit
immediately, exactly
how you should do
that is debatable
but it will
certainly save your
butt.
3. I hate to say
this, but - don’t
spend what you don’t
have. Guilty as
charged? Quite
interesting that the
average household in
the US will spend
$1.22 for every
$1.00 they earn. So
don’t short change
yourself; stick to
your budget.
4. Take your
finances in your own
hands and Take
action today, as
they say rather late
than never. Set up a
budget and do not
deviate from your
plan - even during
moments of weakness.
5. Pay on time.
Late fees, bad
credit rating and
weak bargaining
power can really be
damaging. Bear in
mind that only
paying the minimum
instalment actually
really means maximum
payments in the long
run. Try and pay a
little more than the
minimum asked, it
will save you
thousands.
6. No if’s, and’s,
or but’s about it
call up your
creditors and
negotiate. Don’t
worry they can’t
arrest you over the
phone. Ask them how
they can help you
and who knows
perhaps they will
lower your interest
rates, or even waive
late charges or
annual fees. Never
put off until
tomorrow what you
can do today.
7. Time is money,
so if you feel you
don’t have much of
both you should
consider Debt
Consolidation.
You take out one
loan to pay off
several others, this
can secure you with
lower interest rates
and will save you
time, because now
you only need to
service one loan.
Needless to say
debt can lead to
serious financial
problems, in worst
cases even
bankruptcy. Save
your butt and take
action today and
eliminate debt.
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