October 19th, 2007 by Darren D.
Welcome to the debt elimination blog. This blog is a daily piece that seeks to help people with eliminating their debt. It is our desire to provide you with the best possible news, information and advice for our readers. We know how easy it is to take on extra debt and we want to help [...]
Relevant Tags: debt elimination help, debt elimination plan, debt elimination process, debt elimination tools
September 6th, 2007 by Darren D.
In today’s debt elimination blog, I will discuss cash flow and the importance of maintaining a debt free lifestyle. The debt elimination blog is a piece that is dedicated to helping those who are in debt, and for those who are trying to maintain a debt free life. Come back to visit this blog periodically [...]
Relevant Tags: debt elimination help, debt elimination plan, debt elimination tools, debt free
June 4th, 2007 by Russell Shaw
Debt Elimination almost always entails zero-ing out your credit card debt.
One of the best ways to do so is offered by Caryn Bilotta. manager of education services for Advantage Credit Counseling Service.
In the Pittsburgh Post-Gazette, Caryn offers some great pointers for getting out of credit card debt.
Suggestions include:
The most important thing you can do right now [...]
Relevant Tags: debt elimination plan
September 29th, 2006 by mmarquit
One thing that debt introduces into your life is stress. Studies show that getting out of debt can help relieve some of the stress in your life. Money troubles often put stress in your home and professional life. This is because when you are worried about making ends meet, and whether or not you will [...]
Relevant Tags: better credit, debt elimination plan, get out of debt, getting out of debt, reduce debt, relieve stress
September 26th, 2006 by mmarquit
Every year most of us get a tax return. And this extra money can help you get out of debt faster when you add it to your debt elimination plan. Using your tax return to help you reduce debt makes sense. It is essentially free money for use outside your normal budget. Making an extra [...]
Relevant Tags: debt elimination plan, get out of debt, interest charges, reduce debt, tax return
September 22nd, 2006 by mmarquit
When it comes to eliminating debt, it is important to realize that you must take charge of your situation. This means that while you can ask for support, you should still be accountable to yourself for your debt elimination plan. When you hold yourself truly accountable for your financial situation, you can begin to make [...]
Relevant Tags: debt elimination plan, debt reduction, debt reduction plan, eliminating debt, financial situation
September 18th, 2006 by mmarquit
One of the biggest problems with debt is the way that it affects us gradually. Debt really is a slippery slope. We gradually walk down the slope, starting out by saying that credit cards will be used only for emergencies and then, pretty soon, emergencies are becoming more and more widely defined. Or, we justify [...]
Relevant Tags: credit cards, debt elimination plan, debt reduction, debt reduction plan, problems with debt, reduce debt, slippery slope
September 14th, 2006 by mmarquit
A comfortable credit limit is important to any successful debt elimination plan. And you will find that you will likely need to fight the credit card company to keep it lower once you start your debt reduction. If you have good standing with the company, after you have made three or four substantial payments in [...]
Relevant Tags: credit card company, credit card debt, credit limit, debt elimination plan, debt reductions, reducing debt
September 12th, 2006 by mmarquit
When it comes to debt reduction and elimination, one of the biggest hurdles is to stop spending. Even if you have a good debt elimination plan, it does not help much if you keep adding to your debt. So, if you use a "quick-fix" like transferring debt to a 0% APR credit card, you need [...]
Relevant Tags: 0 apr credit card, credit card, debt elimination plan, debt reduction, transferring debt, turn debt into wealth
September 6th, 2006 by mmarquit
If you have a partner that you share your life with, legally or informally, one of the sticking points is probably finances. However, it is important to talk about finances with your partner. It is especially important when it comes to debt reduction and elimination. Why? Because unless you are both on the same page, [...]
Relevant Tags: debt elimination plan, debt reduction, effective debt reduction, eliminate debt, reduce debt