I hope everyone that was able to had a great long weekend. The weather was beautiful, so I hope you were able to take advantage of that somehow. :)
I thought this week I would write a post that is more a quick reminder; some repetition for emphasis, if you will, haha. I believe that it is always good to be reminded of certain things and in the personal financial world one of those things is that personal debt is manageable, you just need to have a plan.
Here I will bring a couple things to your attention. Have a look at them if you desire.
Got a debt headache? You're not alone: Video
Calculate what that dinner will really cost you: Article
One of the best ways to control your debt and work towards eliminating it is to create a schedule. There are two ways to consider how to create an appropriate timeline: 1) How much can I put aside each month, or 2) When do I want my total debt to be eliminated.
Depending on your circumstances, there may be options that you do not even realize exist to make that debt load much smaller. The best way to discover these is by talking to a debt counselor, debt consolidator or a financial advisor.
Since the majority of the time debt is self-inflicted, always remember that you also have the ability to eliminate it.
Have a great week!
Matthew George
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