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
August 16th, 2006 by mmarquit
If you are beginning to have trouble making payments as work toward eliminating your debt, keep your lenders in the loop. Sometimes, just as you are working at getting out of debt, you end up with problems that seem to slow you down. One way you can ease up some of the pressure is to [...]
Relevant Tags: eliminating debt, financial life, getting out of debt, reducing debt, student loan debt, student loans
August 11th, 2006 by mmarquit
Eliminating debt is not always easy. It takes sacrifices, and it can be difficult to make those sacrifices. Turning your debt into wealth requires planning, and it requires changing certain spending habits. One of those habits is paying only the minimum payment each month on your credit cards. When you pay just the minimum payment [...]
Relevant Tags: building wealth, eliminate debt, minimum payment, pay off debt, reduce debt, reducing debt, turning debt into wealth
May 9th, 2006 by jhampton
When consumed with debt it may seem impossible to ever dig out and begin to grow wealth. Consider several areas that you could find cash to pay off debt.
Bonuses. If you receive an annual bonus, consider using it to pay off debt.
Tax Refunds
Liquidation of Property. I don’t mean selling your house, but look around the [...]
Relevant Tags: debt management, paying off debt, reducing debt, wealth building
May 5th, 2006 by jhampton
As your debt reduces, your wealth builds. The question is how do you stay on top of eliminating debt without feeling overwhelmed by the process?
Most debtors really desire to be debt free however one can sometimes feels as they will never be free of the debt.
Staying the course requires a plan. A wealth coach can [...]
Relevant Tags: debt management, reducing debt, wealth building