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| Debt Disaster Relief E-Book |
| No one likes to be in debt or to have bills. It is so easy to spend money, especially money you don�t have, that in a blink of an eye you can find yourself thousands of dollars in debt. Think about all of the free money you could have if you didn�t have any credit card bills.
The credit card bill has become a fixed expense in many households, meaning just like the house payment we have to send MasterCard $200 every month. The problem with credit cards lies in the fact that there is no end. With a car loan you know the end is in four or five years. But with a credit cards we keep spending. If you are curious to see how much credit cards cost you per year in interest charges a call to the company can get this for you. Usually referred to as Past Years Finance Charges knowing this information can be invaluable to see the big picture. What else could you have done with all of that money? Even if you have a good paying job, nothing is ever guaranteed for the future. This is the number one reason why you should get out of debt. You may be able to make all of your payments now but we don�t know what the future holds. Unexpected things can come up, you or your spouse could lose your job, or you could come down sick and no longer be able to work. In my mid-twenties I was out of work off and on for nearly a year due to a car accident. I was lucky that I had opted for long-term disability coverage but even so my pay was cut nearly in half. My disability check from my job was not even enough to pay the rent on my apartment. Having no savings and high medical expenses I was completely blindsided. A lesson learned. How would you be able to handle a similar situation? Many households today build their financial future on a deck of cards. The deck of cards represents the bills and the debt accumulated. Just like a deck of cards, it doesn�t take very much to knock it all down. Whether it be from a minor setback like a car repair or from a major blow like losing a job, either one can devastate a household. |
| In Debt? Why you should get out. |