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Avoiding Credit Limit Increases

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 [...]

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Keeping Your Lenders In The Loop

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 [...]

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Pay More Than the Minimum

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 [...]

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Paying Off Debt

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 [...]

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Debt Attack Plan

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 [...]

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