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I’m sure your answer is yes to this question.  Yeah, you may want to loose your debt, but aren’t sure exactly how to do this.

Did you know that there are a lot of people in the United States who are in more debt today than we’ve ever been?

We’re also saving much less! That’s right.  Even though we make more money we’re saving a lot less than our grandparents did! I know you’re saying, things cost much more these days. Yes, I know, but we’re still spending more, which keeps us from saving the money we should for a rainy day.

In fact, the interest rates that are currently being charged on credit cards average eighteen percent and upward.

Ouch! That’s a lot of interest to pay for a credit card especially if you don’t pay off your balance each month.  Of course, your credit card company would like you to keep a balance on your credit card so they can collect interest from you! Remember you’re charged interest on your unpaid balance, that’s how the credit card companies make lots of money.  You say to yourself, what can I do to reduce or eliminate my debt?

Well, here are some tips to help you begin your path to financial freedom by reducing and eventually eliminating your debt:

1) Review all of your current billing statements to determine how much you owe your creditors.
By doing this, you’ll know exactly where you stand with your bills and exactly how much you owe.

2) Look at the highest interest rates you are paying and the balances of these particular credit cards.  Based on those balances, attempt to start paying off the credit cards with the highest interest rates first. This will assist you in reducing the amount of interest you are paying to your creditors sooner.

3) Pay more than the minimum amount due on your credit cards! You want to get your debt reduced and eventually eliminated by paying

over the minimum balance that the credit card company is requiring you to pay.  Remember debt elimination is your goal, so this will help you to work towards that!

4) Make sure to pay your bill on time in order to avoid late fees and extra interest charges added to your credit balances. You definitely don’t want to pay your credit card company any more money than you need to! Remember, the more money you keep for yourself, the more you have to save.

5) Don’t use your credit cards! That’s right, you’re trying to become debt free, so you’ll need to eliminate or reduce your spending on your credit cards. Yes, I know you’ll need one for emergencies.  But, that’s just it, emergencies only! So don’t use your credit card for anything else other than a true legitimate emergency.  Your goal is to stay out of debt and to become debt free.

6) You may want to take money from your savings or money market account to pay off your credit cards so you can become debt free or reduce your debt.

If you decide to do this, make sure you keep some money in your savings for an emergency or a rainy day!

7) If you think you need debt counseling, then you may want to seek professional help to assist you with reducing or eliminating your debt.  Just do some research via the internet to locate a company that specializes in this.

These tips should help you get started on your way to becoming debt free for the future.  You’ll be glad that you decided to take this crucial step in taking control of your personal finances by losing your debt! Remember, it’s important for your future.

To Your Success,

Ron Outlaw

http://www.ptcincometodaysystem.com/r/nextstep2000/capture1

 

 

Had to ad this video to the site. I think it’s what most of us NEED!

Here’s To Making It To The Top,

Ron Outlaw
http://www.MyPartnerInProfit.com/?id=nextstep2000

Credit to Jon Satin MBA and Chris Pattay BBA are Life and Relationship Coaches.215-794-0135 ~ 888-372-2473

As Life Coaches, Chris and I have found that the most challenging relationship people encounter is not with their spouse, partner, parents or children, but with money. Money is emotional. It is the number one topic of arguments, disagreements and differences in relationships.  It is the number one contributor to breakups, breakdowns and meltdowns. The subject of money brings up emotions of fear, anxiety, stress and worry. The truth is, money is neutral. It is nothing more than paper and coins. It is the value that we place on it that brings up emotions. Our emotional distress about money is how we give our power away.  Money is not a cause of happiness, it is a result of our state of consciousness. Our consciousness either attracts money to us or it pushes it away from us.

As I stated in a previous blog post,  prosperity consciousness isn’t only about money; however, money, the having it or not having it, is a result of your conscious and unconscious beliefs about it. Your emotional reactivity toward or response to the subject of money is very telling where your consciousness and more likely, your unconsciousness lies.

There is actually a  line of communication that occurs between you and money. It is a running commentary likely comprised of habitual thoughts and beliefs.  This dialogue you have with money will determine how much you attract or don’t attract. If you are uncomfortable asking for what you want (which includes the wanting of money), have a challenge with receiving or do not feel deserving, you will have challenges attracting money, prosperity and abundance. Your thoughts, feelings and words determine what you attract.  If you have  any guilt emotions associated with your experiences with money you will also find it challenging to attract it to you. To create change, you must let go and change how you perceive money. In other words, you will want to develop a strong positive relationship with money: a new alliance that can and will change the course of your life turning obstacles into opportunities.

When bills are staring you in the face and money is scarce, it is important to have vision. It’s important to see beyond your problems.  No matter what you do in exchange for money, it is important to have a huge ‘why’ that is grounded in being of service to others. Your  ‘why’ is what drives you. It is the energy behind the actions you take. It is why you do what it is you do. Know that this ‘why’ is bigger than any of  your problems. Stay focused on taking inspired action and don’t give energy to what you can’t control. This is not always easy! The real value, which is priceless,  is in the person you become through this process.

It’s also important to start to let go of control.  Letting go of control is not anything you do or don’t do. It is an emotional release. Being in control means that you hold on emotionally – to control the outcome that you are emotionally addicted to. To transform, you become aware of your emotions so you know why you are doing what you are doing in any moment. Letting go of control is about changing your relationship with past emotional pain. Become aware of any pain you may have associated with money.

Money is an extremely emotional subject.  Emotions are energy in motion and money is a form of energy used as an exchange for products or services. You can use money to purchase the energy (both mental and physical) of others as well as the products derived from the energy of others. You will earn  more money by learning how to focus and deliver your own energy and its products to others in ways that are of service to them.

You will create financial prosperity if you understand that money is emotional. The world at-large tends to over-analyze financial problems. Most people procrastinate and hesitate until the perfect solution or situation comes along. Be open to being more decisive. Prosperity Consciousness includes trusting that all is well and will be well tomorrow. Prosperity Consciousness also includes the success habit of being certain and decisive. Making a decision will always create a result. If you don’t like the result, make a different decision! Your current income, business profits and  net worth are the result of all the decisions you made in the past. The money that flows to you tomorrow is determined by the relationship you have with it today!

To Your Success,

Ron Outlaw

P.S. Now that you know how to attract Money. Learn how to keep Healthy.

 

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