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There is no getting around it. You must sit down and take a look at your finances. There is great freedom in doing this. Looking at your finances places you in the Captain’s chair. You are steering this boat now, not your emotions.
There are some out-dated beliefs and heavy emotions that might trip you while making this important first step, so here is a breakdown of the steps you can easily take now to change your finances.
It sounds scarier than it is. In actuality, the act of avoiding your debt is what makes it so difficult. When you face something, the fear moves on and productivity takes its place. It is time to take a look at your debt so that you can move on with your life.
Congratulations, you have done the hardest part!
Now its the fun part. You get to take action and watch your life change. Your confidence will dramatically increase. You will discover a side to yourself that you always wanted, but didn’t know you had.
As soon as you decide to change something in your life, you will begin to notice opportunities everywhere. It is as if the universe heard you loud and clear and is setting a path before you.
Remember, you will make mistakes!
You will hit a few bumps in the road. This does not matter. All that matters is that you keep moving forward with your plan. The top financial experts were in financial ruin at one point ( just check out Jean Chatzky’s, Dave Ramsey‘s, or Suze Orman’s story). You learn the most from mistakes!
Also, don’t overvalue the past or the future. If you focus too much on the past, you will feel regret. Simply learn from the past and move your focus back to what you can do now. If you focus too much on the future, you will feel anxiety. Simply see the future as an adventure you will experience with the knowledge you are learning now. The future also becomes a dumping ground for what you are too scared or too lazy to do now. Your power to take action to change your life exists now.
Make a Plan.
The second step in your plan (you already accomplished the first step by facing your debt) is to get help. Isolation is not going to get you anywhere. This is very important. You got yourself in this mess and you can certainly get yourself out of this mess, but you must change some beliefs and learn some new tools to do so.
This plan to get out of debt does not need to consume your life. Take small actions regularly and you will make a lot of headway.
Once you get help, you will learn all the steps you need to take. That is the beauty of reaching out. You do not have to do this alone. . . and you shouldn’t!
Getting Help. . .The Easy Way!
This is a great time to live in. Getting help for any issue is literally just a click away. There is no reason to live a life full of debt. And now is the time to move forward with your getting out of debt plan.
Live by these words and you will do well: “Putting off an easy thing makes it hard. Putting off a hard thing makes it impossible.” G.C. Lorimer
Don’t make this into a problem. This is a challenge that will increase your knowledge and confidence. Make getting out of debt your next success story!
Overcome Debt Once and For All.
Depending on your situation, there are several ways to get out of debt.
Cut back on expenses and start paying off that debt.
Consolidate debt to a credit card with low-interest and low balance transfer charges. And remember to always pay more than the minimum balance.
As a last option, settle credit card debt yourself.
If you find yourself in a hardship where you need to reduce or settle your debt as soon as possible, 2SettleMyDebt.com is the best online resource to give you the tools, knowledge, and material you need now.
Learn how to settle your debt yourself with help from 2SettleMyDebt. This saves you from hiring an expensive and ineffective debt settlement company.
Get tools, knowledge, and materials (including an e-book) to successfully reduce or settle your debt. These easy steps can be taken now.
Browse the Web site for informative and useful articles and tips on how to settle your debt, reduce your debt. This great site offers essential budgeting tips–just read the blog. All this education will give you the power you need to settle your debt.
Learn to avoid future debt problems by reading the blog. Prevention is easier and cheaper than the cure. New skills = New life.
Learn how to look out for your best interests and interact peacefully with your creditors. This will reduce stress in your life knowing you can openly communicate with your creditors.
Read the weekly sales paper you receive in the mail from your local grocer. Make a grocery list according to what is on sale. Check out the buy one get one free deals.
Give yourself a daily allowance in cash! It is easier to stop yourself from an impulse buy when you actually watch your money being spent. Once your allowance is gone, it’s gone. Keep that promise to yourself.
Eat at home. Not only is it better for your wallet, it is better for your health and your relationships. There is nothing like a home cooked meal (even if that meal is soup and sandwiches) with your loved ones.
Browse your local power company’s Web site. Many times they offer money-saving advice as well as free items. Duke Energy sends free, energy-efficient, long-lasting light bulbs to customers who take a short survey. Read any newsletter that comes with your monthly utility bill. These newsletters let you know of all the great, inexpensive activities going on in the community.
Cancel your gym membership and exercise outside. Go for a walk or jog. Play a game of tennis or touch football. Play hide-n-seek like you did when you were young. You will have way more fun, guaranteed!
Refill the ink in your printer cartridge instead of buying a whole new ink cartridge. A refill is roughly one-third of the price and is better for the environment. Any photo center or office store offers this service. Also check out online stores like Databazaar.com.
Pay your bills on time. Late fees are like throwing money away. Call your bank and tell them to cancel the overdraft program on your account. Though you may be embarrassed if your debit card is declined at the convenience store, you will be glad when you aren’t hit with that $30 overdraft fee.
Downgrade. Do you need all those features on your phone? Maybe you don’t use all of those features, but you certainly pay for them all. Downgrade to a more sensible plan and you could save $20 or more a month. Check with your internet and cable company as well. Cancel magazine subscriptions. Many magazines have informative Web sites that you can access for free.
Plan. Plan. Plan. Plan your meals for the week. Make a grocery list before you enter the store. Plan how much you will spend on entertainment for the weekend. Planning will keep you from over spending. If you know how much you have to spend you are more likely to stay within a reasonable budget.
And remember to teach your kids these great tips too. Let them watch you save money wisely. Giving your kids these healthy habits now, will save them from a lot of trouble later.
It’s a new era. Parents are learning not to keep their kids in the dark about finances. Parents now know that early money education means a brighter financial future for their children.
Bring Them Inside, Where it’s Warm.
Parents often keep their children as far away as possible from financial matters. They don’t want to burden children with money issues or feel it is none of their business. Well, you certainly don’t have to give them a break down of your financial life, but you do need to give them an age-appropriate education on money.
Why Do Children Need To Know About Money?
They need to know about finances because using money wisely is a skill. And a skill is learned. Just like you can’t expect your kids to be athletic adults when they spent their childhood eating cupcakes and staying inactive; you can’t expect your kids to leave home and just naturally know how to handle money when no one ever explained finances to them. They need an education. And they need hands-on interaction with money.
Money will always be apart of your child’s life. There is no getting around this. The more they understand how money works, the better.
How to Teach Your Kids About Money.
How do you teach your kids about money–you get help! Sometimes the best parenting comes from knowing what you don’t know. In other words, you reach out and educate yourself.
Who Can Help?
Teaching your kids about money now is one of the best ways to plan for their future. It is also a great way to guarantee your future peace of mind! You want your kids to have a healthy relationship with money and the best time to start that relationship is now.
If you are interested in learning all the tools necessary to guide your children into a bright financial future, visit Cash Savvy Kids.
Learn from top financial experts. Surrounding yourself with people smarter than you (experts!) will make you reach heights you never dreamed of.
Click on links to other great financial Web sites designed to help you educate your children about finances. Education is going to empower your children to not only live a full life, but to also have a healthy relationship with money.
Watch the free Web series featuring 15 expert financial speakers. Watching this series is the perfect way to get all the information you need in an easy and relaxing way.
Upgrade for tons of useful and informative, must-have bonuses. A product is quality only if it is useful to you and your child’s life. Cash Savvy Kids is an amazing, quality resource to help you and your child learn about money. It is a life-changing experience. Don’t miss out on all the bonus material.
Get expert advice on how to teach your kids about money here: Cash Savvy Kids