47
Have you succumbed to the lure of credit cards and found yourself in a bit of a pickle because of it?

Pull up a chair and have a seat - Welcome to the ever growing club of consumer debt. Your biggest challenge now is to dig yourself out of this situation and avoid having to pay anyone to help you do it.

The options at this stage are usually as follow (depending on the level of credit card debt):

• Consolidate into a loan.
• Debt Management.
• Bankruptcy.
• Do Nothing.
• Just pay off the cards over as long as it takes.
• Make the minimum payments and keep spending.
• Make an effective DIY plan.

The more popular solutions - such as consolidation loans and debt management -we see being touted everywhere are the ones that put your money in other people’s pocket. I don’t know about you but for me becoming free from debt should not involve spending more money, or *borrowing your way out of debt*.

So how does a DIY system work?

To break it down into 5 steps it looks something like this:

1. Address your spending habits and why you are in this situation.

To ever win with money and have a comfortable financial future you have to control your money – not the other way round. Take complete control and set yourself some realistic yet desirable goals for the future.

2. Know your options, the ins and outs of how they work – and why they are not for you.

Along the way you will be tempted by quick fix ‘make it all better’ solutions   like consolidation loans and debt management. As mentioned already there is a multibillion dollar industry making a very healthy profit from consumer debt. Your DIY plan does not involve *paying to get out of debt*.

3. Know your situation.

Any debt relief system requires a bit of budgeting. As long you’ve followed the rest of the plan so far, have desirable goals and no intention of taking an easy -and expensive – way out you won’t have trouble budgeting.

The other thing to know is your credit score. There are a staggering amount of mistakes found on credit scores that result in people paying more interest than they should. If you are eligible for lower rates and 0% APR cards to move expensive balances on to – you need to know about it.

4. Minimise outgoings, Maximise income and leverage your cash flow.

If you could be paying less for utilities and day to day expenses you should. There is a very fine art of money saving that you will become very good at if you’re going to be successful at this.

Home economics, consumer education and bargain hunting can save you incredible amounts of cash that can go toward paying off your debt quicker.

If you’re really serious you can take it a step further and create a secondary source of income. Be it a second job, or using a natural skill/strength you have that can earn you money in your spare time.

With the opportunities available online it’s never been easier to find those who are seeking out some knowledge, experience and skills that you have and that they would pay you money for.

5. Form your system and put it into action.

Having followed the first 4 steps and laid some sturdy foundations you are now in a position to develop a quite powerful ‘snowball’ plan. That is a system that gains momentum as you execute it.

This step is completely dependant on the first 4 steps and generating an extra figure that you can assign to snowballing your credit card debt. As the debts get paid off the figure grows and subsequently clears the rest of the debts a lot quicker – saving you a tidy amount of interest in the process.

It is very possible use a DIY plan and enjoy great success from it, yes it takes a bit of hard work and discipline on your part but the alternatives just cost you more and keep you in debt for longer.

It’s your money, it’s your life – if you want to truly own them both then you have to take control – not give it over to someone else. Control or be controlled, the choice is yours.

Post a Comment

  1. I haven’t any word to appreciate this post.....Really i am impressed from this post....the person who create this post it was a great human..thanks for shared this with us. You can also check My post Find the value of x

    ReplyDelete
  2. Securing yourself and your clients against credit card fraud ought to be a first concern for your business. The observation that your clients have with respect to how you manage their monetary data is something that ought to be developed as you work to procure their recurrent business. Cvv dumps

    ReplyDelete
  3. Explosive Attack (gas and non-gas) and Cutting (for example rotational saw, blow light, warm spear, jewel drill). The achievement of ATM physical assaults is regularly estimated by what level of the money is taken and the speed by which the assault is finished. atm skimmers for sale

    ReplyDelete
  4. Much obliged to you for exceptionally usefull data.. highest credit score possible

    ReplyDelete
  5. nice bLog! its interesting. thank you for sharing.... 상품권 현금화

    ReplyDelete
  6. Whose Is A Excellent Recommendation To Hit A Dumps With Pin? Here Great Dumps Shop Don't Lost Your Time With Scammer

    ReplyDelete
  7. Thank you for putting all these strategies into a very readable place. It shows your ability and great skills. keep sharing such article in future. debt solutions UK

    ReplyDelete
  8. This will assist you with securing your inclinations when you manage outsider credit fix organizations. Missouri credit score

    ReplyDelete
  9. I personally use them exclusively high-quality elements : you will notice these folks during: Pinjaman Online Terpercaya 2021

    ReplyDelete
  10. In the United States the focus on online gambling legislation is moving to the individual states. Last week Massachusetts and New Hampshire were in the news. However the news can only be classified as bad and very bad from the point of view of the online gambling community. In both cases it appears that online gambling has been pitted head on against live casino gambling.
    우리카지노 계열 대한민국 최고의 카지노사이트
    ♪https://www.topseom.com/우리카지노♪

    ReplyDelete
  11. Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! Microsoft Dynamics 365 Business Central Credit Card Processing

    ReplyDelete
  12. I have read all the comments and suggestions posted by the visitors for this article are very fine,We will wait for your next article so only.Thanks! Payday Loan Consolidation

    ReplyDelete
  13. Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I'll be subscribing to your feed and I hope you post again soon. Big thanks for the useful info. National Payday Loan Relief | Payday Loan Consolidation

    ReplyDelete
  14. Business owners need credit card machines, as more and more customers are using cards to pay for their purchases. Such machines are now attracting many customers. Tellthebell

    ReplyDelete
  15. Visa machines are accessible at each outlet now days. Business progress relies a ton upon these little machines. These are viewed as best business in retail shops and shopping centers. They have an enormous effect on the business in this day and age in spite of the way that they don't cost a lot. All you need is a vendor record to get to these machines and your business is good to go. this website

    ReplyDelete
  16. I wanted to thank you for this great read !! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post dumps shop

    ReplyDelete
  17. I think you guys ceck this judi for your future

    ReplyDelete
  18. It was wondering if I could use this write-up on my other website, I will link it back to your website though.Great Thanks. amex.us/bcersvp

    ReplyDelete
  19. Dumps Shop
    I truly appreciate this blog post.Really thank you!

    ReplyDelete
  20. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can't help but wonder, what about the other side? !!!!!!THANKS!!!!!! I want to start a credit card processing company

    ReplyDelete
  21. This comment has been removed by the author.

    ReplyDelete
  22. Pada dasar nya tidak semua Judi online memberikan bukti nyata untuk menguntungkan pemainnya. ada yang berkedok bonus namun setiap kali kalian deposit ternyata zonk tidak ada bonus sama sekali. Nah sekarang telah hadir ACE77 untuk kalian yang benar benar memberikan bonus sangat nyata. Mau liat bonus apa saja ? yuk lets go.
    Bonus Deposit Harian Up to 8 Juta Via Agen Judi Online Terpopuler 2021 ACE77
    Untuk para member baru tidak perlu jauh - jauh berselancar untuk mencari agen Judi online populer demi bonus deposit. Karena sekarang sudah ada ACE77 yang memberikan bonus deposit untuk member baru sebesar 8 juta rupiah. Untuk member yang sudah join juga ada bonus komisi mingguannya mulai dari 500 juta sampai - 5 miliyar rupiah. Besar nya masing - masing bonus tergantung tingkat member seperti bronze - diamond member.
    Dari tiap - tiap permainan agen Judi online terpopuler ACE77 juga ada bonusnya. Live Judi casino online bisa mencapai ratusan juta rupiah berdasarkan tipe member. Spoortsbook bisa mencapai ratusan juta rupiah berdasakan komisi mingguan dan member tipe. Untuk Judi poker online dan Judi online juga menerapkan bonus dan promo yang sama.
    Pusat Bantuan 24 jam Nonstop Pada Situs Judi online Terbaik 2021 ACE77
    Tanpa harus khawatir ketika ada masalah atau trouble pada saat bermain situs Judi online terbaik 2021 ACE77. Karena judi Judi ACE77 memilki pusat bantuan 24 jam nonstop yang bisa kalian hubungi ketika terjadi kesalahan. pada situs Judi terdapat kolom live chat 24 jam untuk memberikan segala informasi dan pusat bantuan.
    Fitur live chat pada situs Judi online ACE77 bisa kalian gunakan juga untuk mengganti password akun, bantuan mengenai masalah deposit dan withdraw sampai mengganti bank akun kalian. Jarang sekali pada Judi online yang lain memberikan pusat bantuan 24 jam nonstop.
    Judi online terbaik ACE77 bukan hanya bisa di akses lewat PC atau komputer loh. Sekarang Judi online ACE77 bisa di akses lewat handphone kalian. Jadi kalian bisa sangat nyaman untuk bermain dan menambah keuntung tanpa harus terganggu oleh suara binsing dan keadaan yang membuat kalian tidak nyaman. Kira nya hanya ini yang bisa saya sampaikan semoga bermanfaat bagi kalian yang masih mencari cari situs. Judi online terpercaya ACE77 memberikan bukti bukan janji.

    ReplyDelete
  23. bad credit cards have become a fact of life. Most of us have at least one or are thinking of getting one. In spite of this not many of us are actually aware of the different types of credit cards available. Knowledge of the types of cards in the market will help increase our options so that we can pick out a card most suitable for our needs and situation. Read on for 5 different types of credit cards that you can choose from.

    ReplyDelete

  24. On normal most amateur Forex merchants will in general lose their ventures with the initial 3 months
    financial life coach

    ReplyDelete
  25. In the event that this acknowledgment has occurred to you that Mastercard organizations just snare you, then, at that point, help isn't far away. The most ideal way is to take care of every one of your advances immediately and stop the steadily rising meter of obligation.eliminate credit card processing fees

    ReplyDelete
  26. Here at Success Pen Pal, we like to focus on multiple streams of passive income for the reasons mentioned above. how to make money online

    ReplyDelete
  27. ACE77 adalah situs judi online terpercaya indonesia yang paling gacor no. 1 memberikan jackpot besar

    ReplyDelete
  28. Waow this is quite pleasant article, my sister love to read such type of post, I am going to tell her and bookmarking this webpage. Thanks making a donation

    ReplyDelete
  29. Wow, this is really interesting reading. I am glad I found this and got to read it. Great job on this content. I like it. 출장안마 프로필

    ReplyDelete
  30. Hi there, I found your blog via Google while searching for such kinda informative post and your post looks very interesting for me Slice invite code

    ReplyDelete
  31. HGH injections to lose weight are essential in hormonal growth, weight and strength. For enhancement and overcoming deficiency we need growth hormonal injections and therapy. Our specialists at HGH MD will be glad to discuss your hormone treatment alternatives with you. For a consultation call 888-763-4221 today!

    ReplyDelete
  32. I am very thankful to you that you have shared this info with us. Here I find some special kind of info, and it is really helpful for everyone. Thanks for sharing it once again. mn debt relief

    ReplyDelete
  33. Hey enormous stuff or pleasant information you are offering here.
    hire user interface designers

    ReplyDelete
  34. Such an amazing blog about wrapping paper alternatives and I really appreciate you work which you have done well. thanks for sharing.
    online pvc card printing.

    ReplyDelete
  35. OurCredit Card Processing Affiliate Program is a great way to earn commissions by referring customers to our credit card processing services. We offer a wide range of credit card processing services, including online credit card processing, retail credit card processing, and mobile credit card processing.

    ReplyDelete
  36. I am a fan of reading to add insight to information. Thank you for this great blog. this is here, the few months I am visiting and following you. What I really like about you is that your writing style. Feel free to visit my website; 바카라사이트

    ReplyDelete
  37. Good post however I was wanting to know if you could write a litte more on this subject? I’d be very thankful if you could elaborate a little bit further. Cheers! Feel free to visit my website; 먹튀검증

    ReplyDelete
  38. This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great! Feel free to visit my website; 바카라사이트

    ReplyDelete
  39. I'm glad that i found this type of site, after so many hours of searching of a marvelous site like yours so. Thanks a lot. Feel free to visit my website; 바카라사이트

    ReplyDelete
  40. I don’t know how many hours I’ve been searching for a simple article like this. Thanks to your writing, I am very happy to complete the process now. Feel free to visit my website; 토토사이트

    ReplyDelete
  41. I think it's a website with a lot of good contents. I think I accumulate a lot of knowledge.
    Please come to my website and give me a lot of advice.
    It's my website.

    머니상

    ReplyDelete
  42. I admire the valuable information you offer in your articles. Thanks for posting it.
    안전토토사이트
    먹튀검증

    ReplyDelete
  43. So good indeed! Glad to have found your page!! This is such great work!! Interesting to read for sure! 토토

    ReplyDelete

 
Top