Posted on
June 12, 2008
at
12:43 am
This might sound funny to you but if you aren't stopping adding new debts to your existing debts, how are you going to clear it? So what you have to do is take a paper and pen and start budgeting. Yep, that is the key in growing new debts.
Posted on
June 13, 2008
at
10:37 am
It sounds simple, but I think many people forget this when they are seeing a bit of sunlight at the end of the tunnel. I fell into that trap myself once. I was just paying off my home when I decided to add another debt to the mix. I ended up feeling stressed out and never enjoyed the savings that paying off the home would have afforded me.
Posted on
March 24, 2009
at
10:56 pm
I was wondering that same question myself. How can a person finish up paying for their credit cards if they keep charging items monthly. The problem is that some people are so leveraged beyond their own personal income and would have to move out of their home or apartment and live in a car if they didn't use the credit card. Their efforts to get rid of the debt is just like stemming the tide once the dam has broken. Completely futile!
Posted on
April 5, 2009
at
3:12 am
True... If one is not going to change and he keeps adding in more and more debts.. it will be even harder to clear them one day.Best is to stop impulse buying and do some budgeting
