Skip to main content

How To Consolidate Debt and Be Successful in Life.

 


How to change your life and your bad habits to go beyond debt, and discover new trends to live the life you deserve...


What is Debt Consolidation? Debt consolidations consist of to take out one loan from a debt consolidation service to pay multiple loans or bills like credit card bills, or other student loans.

For several reasons, it is not recommended. Debt Consolidation companies offers sound exciting, but many end up costing you much more than you think you earned. The major problem is that you may be tempted to use your credit card even more, simply because you rely on these companies and unconsciously, you spend and drag out your credit card and you don't mind.

What is their goal, and what they will never tell you?
First you should know that they don't have any interest in giving people the right advice, as their main revenue is from people like you, I mean people in debt.

What you should understand is that the ultimate goal of these debt consolidation services is not to help you, but their real purpose is to make money.

Well it is a good purpose, make money. The truth is that there is nothing wrong with that, and we all need money to live. But why make money with you when you need help?

These companies are playing on the psychologic side, they know that you have no choice and that you got to avoid bankruptcy, so you finish at their offices...

You may be asking yourself, why so many people are turning to these companies? If so, many people are going there, it should not be a problem.

Well, I was working as a financial advisory, and do you know what was my first task when I come to my office at 7.30 am? No, how in the world would you know?
My first task was: take the phone, and call people who were delinquent with their account, people who did not paid their debts in time.
Most of the time, those people were still sleeping when I rang them! But I got to do it, because the system is like that.

The main reason is that people can't afford the following: credit harassment, foreclosures, repossessions, tax levies and garnishment, bankruptcy, or lose their house... and family. They got no choice.

This article is written by a financial adviser not by me.

Click here to get instant access.

Comments

Popular posts from this blog

Does Money Make you mean.

  Does Money Make Us Happier? Wellbeing is influenced by many things aside from income. Key points Some studies claim that money is associated with greater happiness. This blog re-analyzes one study with a "plain stats" approach. This analysis suggests money has only a small relationship with happiness. Money is important and necessary to some extent, but other things matter too.  It is often easy to equate money with   happiness   and success. But does  money buy us happiness? One study suggests it might. The author, Matt Killingsworth, claimed the study  Some might take this study as evidence that money does make us happier. But while this study has value, it might be difficult for the average person to interpret: the article is replete with concepts like logarithms, slopes and  z -scores—concepts which many are unfamiliar with. To help us get a better sense of what Killingsworth’s data really says, I want to To understand the data, we first hav...

How Can You Transit Your New Career with Online Courses

  How Can You Transit Your New Career with  Online Courses In today’s fast-paced world, many professionals find themselves considering a career change. Whether it’s due to a desire for better job satisfaction, higher income, or the pursuit of a long-held passion, transitioning careers can be daunting. Fortunately, top online courses provide an accessible and effective way to acquire new skills and knowledge necessary for this shift. This article will explore how online courses can support your transition to a new career. What are the important skills you need for this transition? When changing careers, one of the most significant barriers is often the lack of relevant skills or credentials required in your new field. Online courses offer an excellent opportunity to bridge this gap. They allow you to learn at your own pace and focus on specific skills in demand in your desired industry. By investing time in these educational resources, you enhance your employability and increas...

How to Build a Strong Online Presence for your online business.

  How to Build a Strong Online Presence That Attracts more customers for Your business. In today’s digital age, having a robust online presence is essential for attracting clients and growing your business. Whether you’re a freelancer, a small business owner, or a professional looking to enhance your career prospects, establishing yourself online can set you apart from the competition. This article will guide you through the steps necessary to build a strong online presence that showcases your skills and draws potential clients to you. Step 1. Define Your Brand Before you dive into creating an online presence, take some time to define your brand. What are your core values? What makes you unique? Consider how you want others to perceive you. A clear brand identity will help guide your decisions regarding content creation and social media engagement. Step 2. Create a Professional Website A professional website is often the cornerstone of an effective online presence. It should includ...