One simple fact that no one can argue today is that the world is experiencing a financial crises, more severe and threatening than any that has ever come before, through all of recorded history. Whether we are referring to individuals, governments or corporations, this is absolutely undeniable. For individuals, there is an option, a tool available to help them that is known as debt consolidation.
Let\?s first try to understand just how serious this situation is. Forget about the fantasies of painless fixes. That\?s not what this is. There is nothing magical about it. For a very long time we have been using credit to spend more money than we have made. This has saddled us with interest payments that have gotten totally out of hand.
If we do not stop spending, we will never be able to even pay our interest charges, let alone pay off our debts. The interest on our debts is getting to the point where we don\?t even bring in enough money to pay for it. This is great for those who owe the money to, but it spells absolute disaster for all of us who are in debt.
It\?s the same thing with governments. Take the USA, which is now, a de facto subsidiary of the Chinese government that has been financing the bulk of our debt.
While we really have no power over government, in spite of the \?dog and pony show\? elections, at least we have power over our own financial decisions. It\?s time to bite the bullet and make drastic changes in our personal spending habits. It\?s going to change our lifestyles, so just get used to it. Our financial chickens have come home to roost and it\?s our own fault.
Only after this point, can debt consolidation work. The professionals we work with can help us take each of our monthly expenditures and bundle them together so that we make a single big payment, and then try deal with getting by on the usually modest amount that is left over. Ironically, this often involves a loan, but it most certainly needs to be the final loan we even consider.
Surely, you are wondering if debt consolidation is really for you. Well, basically, if you have stress right now caused by debt, then the consolidation is for you! http://www.whatisdebtconsolidation.co.za
Related posts:
- Debt Consolidation: Debt Consolidation Vs Debt Settlement: What Is Better? (7/6/2011)
- Debt Consolidation: Debt Consolidation Made Easy To Learn (10/19/2010)
- Bankruptcy: Is Debt Consolidation For You? (7/1/2010)
- Home Equity Loans: Mortgage Consolidation: Lower Bills With Debt Consolidation (7/22/2011)
- Loans: What Are The Advantages And Disadvantages Of Debt Consolidation Loans (8/4/2010)
Source: http://www.myfinancearticles.com/5113/
mick jagger dynamite dresses dresses nbt john boehner captain america
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.