2)Don't use credit cards for convenience—You will pay the whole amount at the end of the month. Do you have something you want to buy right now and are tempted to buy it on credit? Don’t! Save up for it every month. Tame your I-Want-It-Now monster. See what happens to your desire after a few months of saving. You might wake up to realize you don’t really need it.
3) Debt Freedom- List down all your debts from those with the highest interest down to the lowest interest. If you have huge credit card debts or if you used loan sharks that charge usurious interest rates, a stop-gap measure is to ask around for “cheaper” loans that charge lower interest and transfer your loans there. This is just a temporary solution. At the end of the day, you want to wipe out all your debts. Even as you’re trying to pay off your higher interest loans, try to pay the lower ones with the minimum amount. By giving your creditors even a few hundred pesos a month, you’re telling them that you’re not running away. In fact, call them up and tell them you’re working on your finances.
4)SAVE- as much as you can from your current expenses and pour it all in your debts. Do you dream of ever reaching the state of zero-debt? Fire up this dream! Make a payment scheme plan and calculate when you will reach zero-debt. Print this date—month and year—with big letters in your journal. Have faith and stick to your plan. May your dreams come true. Just live within-your-means.
5)INCREASE INCOME - find a way to increase your income, extra income, passive income. Nowadays, we have much sources of extra income online such as:
☆Real Estate Sales - no need capital to start and you'll have chances to earn big commission. Send me a message if you want to join my team in SMDC projects.
☆E commerce - it needs several amount of capital and technology knowledge.
☆ Stock Market - it also needs much capital and much knowledge in trading.
And many more.
If you feel that this blog content is useful please don't forget to share this into your Social Media walls and timeline.
You can keep in touch with me send a message in my Facebook Account Click here and Chat with me
"Don't Give Up! The Only Way To Win Is To Keep On Trying"
I liked your work and the way in which you have shared this article here about debt collection. It is a beneficial and helpful article for us.debt collection agency UK Thanks for sharing an article like this.
ReplyDelete