Debt Reduction: 10 Things To Avoid, To Remember, To Do

By Author: GIANNIS ANAGNOSTOPOULOS
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DEBT REDUCTION: 10 THINGS TO AVOID, TO REMEMBER, TO DO.

L O O K A T Y O U: Are you in debt?

Take a look at your life. You have your family, you have your job, you have your car , you have things you like. Close your eyes now. Think how much your life costs the way it is settled now. Think of the money you have earned during building this life status, and then of the money you have spent to build it. Compare the two numbers. If the money you have spent are more than the money you have earned, then you are definitely in debt. It can be mortgage, credit cards, or personal loans. Whatever it is if you owe more than your 100% of your annual income on short-term personal loans, those that usually have the highest interest rate, then you are in trouble. Same thing if your payments are more than the 60% of your monthly income. You are in debt. And debt means trouble.

I F Y O U A R E N O T I N D E B T Y E T

If you are not in debt yet that does not mean that you cannot get in debt if you don't take care. Read carefully the list below. This is DEBTFIGHTER LIST No1

DEBTFIGHTER ...
... LIST 1

1. AVOID USING CREDIT CARDS. THEY CREATE DEBT. PAY CASH OR DON'T BUY
2. AVOID OFFERS FOR NEW CREDIT CARDS. THEY CREATE DEBT
3. AVOID SUPERMARKET SHOPPING WITHOUT A SHOPPING LIST
4. AVOID MOBILE PHONE CONTRACTS. IT IS A DIFFERENT KINF OF DEBT. PREFER PREPAID PROGRAMS
5. AVOID UNNECESSARY BRAND NAME SHOPPING. EXPENSIVE DOESN'T ALWAYS MEAN GOOD
6. AVOID EXTREME FUEL CONSUMPTION. USE PUBLIC TRANSPORTATION AS OFTEN AS POSSIBLE
7. AVOID GET -RICH- FAST -SCHEMES. THEY COST AND THEY ARE USELESS. A LOT OF MONEY MEANS A LOT OF WORK
8. AVOID CONNECTING CREDIT CARDS TO PAYPAL. IF YOU NEED PAYPAL USE PREPAID CARDS
9. AVOID TAKING WITH YOU ALL YOUR MONEY. TAKE ONLY THE AMOUNT YOU WILL NEED
10. AVOID TAKING YOUR CASHCARD WITH YOU.

I F Y O U A R E I N D E B T

If you are in debt then you must get out of it. Fast. You must start now. Debt is like a rolling snowball. It may seem small at first, but as time goes by it gets bigger. Don't trust the pay off dates you have signed. You must get out of debt NOW.

DEBT ELIMINATION STEP 1
First of all, read the DEBTFIGHTER LIST No1. Read it, understand it, make it part of your life. These are the things you ought to have done. Start them now.

DEBT ELIMINATION STEP 2
Read and follow the DEBTFIGHTER LIST No2. These are the things you must start immediately to get out of debt

DEBTFIGTER LIST No2
1. WRITE DOWN THE AMOUNT YOU OWE, THE BANKS, THE PRODUCTS, THE INTEREST
2. MAKE A BUDGET. YOU MUST KNOW YOUR INCOME AND YOUR EXPENSES IN EVERY DETAIL
3. CUT UNNECESSARY EXPENSES. THE MONEY YOU SAVE WILL REDUCE YOUR DEBT
4. TALK TO YOUR BANK(S) IN ORDER TO FIND WAYS TO REDUCE YOUR INTEREST
5. FOLLOW A CERTAIN METHOD. YOU CAN START PAYING OUT THE HIGHER INTEREST RATE LOANS FIRST OR THE HIGHER BLANCE FIRTS
6. BUY THINGS YOU NEED. ONLY.
7. RETURN YOUR CREDIT CARDS TO THE BANK. YOU CAN PAY THEM OFF WITHOUT HAVING THEM IN YOUR POCKET
8. IF THE MONEY ARE NOT ENOUGH FIND WAYS TO INCREASE YOUR INCOME. SECOND JOB, BETTER JOB, EBAY SALES, YARD SALE ETC
9. MAKE YOUR DEBT FIGHT YOUR FIRST PRIORITY. THIS IS ABSOLUTELY NECESSARY TO GET YOU IN PROGRAM
10. IF YOU FIND IT DIFFICULT, ASK FOR HELP FROM EXPERIENCED COMPANIES THAT CAN HELP YOU.

DEBT ELIMINATION STEP No3

If you have started your war against your debt, then you are a debtfighter. Do not stop. You may lose some battles but not the war. You may find it difficult and tiring. Remember, it is not bad to fall down, it is important to get up. Follow the first two lists of the Debtfighter. Your money life must be in accordance with those Debt Elimination Principles. The last list is the Debtfighter list No3. These are 10 things to remember while you fight against your Debt.

DEBTFIGHTER LIST No3
1. THE BEST THINGS YOU BUY ARE THOSE BOUGHT WITH YOUR EARNED MONEY
2. THERE IS NO SINGLE ONE FINANCIAL CONSTITUTION IN THIS PLANET THAT WILL LEND YOU MONEY SEEKING YOUR PROFIT.
3. IF IT IS TOO GOOD TO BE TRUE, DON'T GIVE YOUR MONEY, DON'T TAKE THEIRS
4. BANKS DON'T WANT TO RELIEF YOUR DEBT.
5. BANKS DON'T WANT TO ELIMINATE YOUR DEBT. THEY WANT THE OLDER LOANS PAID OFF, SO AS TO GIVE YOU A NEW ONE
6. IT MAY HAVE GOOD PRICE, IT MAY BE A BARGAIN BUT BEFORE YOU BUY IT THINK IF YOU TRULY NEED IT
7. HOBBIES COST. PAUSE SOME OF YOUR ACTIVITIES UNTIL YOU REACH YOUR TARGET. DEBT ELIMINATION. THIS IS YOUR NEW HOBBIE
8. MONEY COMES WITH HARD WORK
9. BANKS SELL MONEY. THE PRICE IS HIGH. PREFER WORK
10. THERE ARE ALWAYS PEOPLE WHO CAN HELP YOU. FOR FREE OR FOR MONEY.

Good luck in you war against debt. If you have anything to comment I will be glad to hear your views on giannisanag@gmail.com.
If you seek for professional help you could try a company like: http://www.curadebt.com/freeconsultation.asp?a_=4abce80d16b4b , however it is extremely important that you are ready to try for yourself