Community | December 22, 2008 | 2 comments

One Debt Begets Another

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CutestPrincess
Credit card delinquency rates rise as housing woes spill over.









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2 comments // One Debt Begets Another

  • Joe_W
    • 0
      Joe_W  
    • Because of heavy spending, lots of people are finding themselves in debt, by using various methods like racking up massive credit card debt, or getting excess amounts of payday loans. The kind of money you can save by getting serious about your budget and doing a little financial planning is appreciable. One of the best ways to get things going is to write down every one of your expenses at the end of the month. Next categorize habitual and excessive spending and cut out the excess. Try and keep a little extra cash to put towards something good, like paying down your debt. Even if you can only keep an extra $20, you can put that towards the credit card payments and it will help. If you run your budget correctly, you could even come up with a hundred or two, and that will really help you out. Even for those who consider themselves conservative spenders, the amount you can save could surprise you, just by making a modest sacrifice. Right now is a great time to get your consumer credit debt reduced. If you could use a little extra cash as well, read this article posted on http://personalmoneystore.com/moneyblog/2008/12/24/living-paycheck-to-payday-loa...

    • 3 years ago
  • TheRealThrives
    • 0
      TheRealThrives  
    • debt is modern financial slavery, the powers that be lure you with money and possessions only so they can take it all away from you if you default. american religion is consumerism and we all pray to the almighty dollar.

    • 3 years ago

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