How To Live A Great Life Without Debt
A life without debt! Have you ever thought about what that would be like? Could you get by without credit cards, without a mortgage and imagine not owing money to any bank or anyone? How would you handle trying to rent a car, spend a night in a motel or buy theater tickets online?
When the financial worries of the global economy continues to be foremost on our TV news each day, it can become really worrying. The recession is continuously blamed for many jobs losses, family homes being foreclosed on, businesses crumbling and people are becoming more and more stressed. The share market has already claimed many victims and for those of you who lost money or life savings there, then 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.
Cut up the credit cards now. Then get into your bank or look online for the best deal in debit cards. With a debit card you can only spend the money that is already in your account. If there is no money in there, then you can't spend it. Debit Cards are the wonderful no debt way that you can pay for your hotel reservations, you can pay for your rental car with them and you can also pay for necessities with them.
The next step is to pay off those credit cards, now this can take some time, here's how it works quickest. Pay extra money, above the minimum only on the credit card with the smallest amount owing. Pay the rest of them minimum payments only. When you have paid off the smallest, then pay off the next smallest and so on. Each time you pay a credit card off, take the amount you were paying towards that card and add it to the amount you are paying off the next card. That way each time you pay off a card you will have more money to pay off the next.
Here are some more quick tips. Create a realistic budget for the family and use it, only use your cash or debit card to pay for everything. Get automatic deductions from your pay straight into an emergency fund each month. If you need or want to buy something, save for it and pay for it in cash
A life without debt will be amazing for you. Your life will have less stress and you will feel more secure knowing that you don't owe anyone money. You will know that if the global economy is great or not doing too well it will not have any effect on you. You will be able to enjoy the most incredible lifestyle and sleep easily knowing that you are living a life without debt.
When the financial worries of the global economy continues to be foremost on our TV news each day, it can become really worrying. The recession is continuously blamed for many jobs losses, family homes being foreclosed on, businesses crumbling and people are becoming more and more stressed. The share market has already claimed many victims and for those of you who lost money or life savings there, then 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.
Cut up the credit cards now. Then get into your bank or look online for the best deal in debit cards. With a debit card you can only spend the money that is already in your account. If there is no money in there, then you can't spend it. Debit Cards are the wonderful no debt way that you can pay for your hotel reservations, you can pay for your rental car with them and you can also pay for necessities with them.
The next step is to pay off those credit cards, now this can take some time, here's how it works quickest. Pay extra money, above the minimum only on the credit card with the smallest amount owing. Pay the rest of them minimum payments only. When you have paid off the smallest, then pay off the next smallest and so on. Each time you pay a credit card off, take the amount you were paying towards that card and add it to the amount you are paying off the next card. That way each time you pay off a card you will have more money to pay off the next.
Here are some more quick tips. Create a realistic budget for the family and use it, only use your cash or debit card to pay for everything. Get automatic deductions from your pay straight into an emergency fund each month. If you need or want to buy something, save for it and pay for it in cash
A life without debt will be amazing for you. Your life will have less stress and you will feel more secure knowing that you don't owe anyone money. You will know that if the global economy is great or not doing too well it will not have any effect on you. You will be able to enjoy the most incredible lifestyle and sleep easily knowing that you are living a life without debt.
About the Author:
India Moon has been helping folk get out of debt for longer than for 10 years. For freestrategies and tips please make sure that you visithelp getting out of debt Visit here for even longer Free Debt Help
posted by Debt Consolidation Loan at
8:33 PM
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