No doubt you hate to owe money. Who doesn’t hate? You already got rid of the debts once and swore you would never get into debt again, but here you are now: reading this text to learn how to get rid of this commitment to your creditors once and for all. See http://www.halaladvocates.net/direct-loan-bad-credit-direct-lenders-no-third-party-get-up-to-1000-today/
The Ultimate Cure For Debt
Finding out the source of your debt problem is a crucial step in solving it.
You may believe your debt is a financial problem, but in fact it is just a personal problem masked in the form of debt. This is why debt problems usually deceive us.
Treating debts as financial ills is like trying to cure a flu by blowing your nose all the time. The symptom of the problem is obvious, however, you do not attack because of what is plaguing you.
When you do not attack the cause, you do not solve the problem.
In other words, debt is usually only a symptom of a much larger problem: the attempt to sustain an image and lifestyle that results in overspending.
The simple rule is that you should spend less than you earn. No other way around the problem.
Nevertheless, teaching a chronic debtor to spend less and earn more is how to advise an overweight person to lose weight by eating less and exercising more.
Everyone knows what to be done. The hard part is really doing what you should.
How to deal with the problem
Of course, you want to get rid of debt as soon as possible, but shallow financial solutions usually only temporarily solve the problem.
By resorting to solutions such as getting new loans, exchanging debts, selling objects like TV, car or home, the problem is not tackled in the bud.
You are trying to alleviate a symptom of your problem by looking only at its financial aspect.
Instead of doing this, you should try to understand what is really causing your debt.
What are the ways to spend more than you earn? There are ways to identify such habits and change them!
The permanent cure lies in attacking all those habits that systematically consumes your money so that you do not get into debt again. Not a very attractive idea, but it solves the problem permanently.
You must persist in changing such habits until you actually start spending less than you earn.
It may take months, even years to reach this goal.
No problem, really.
Take it easy one step at a time
The key is to avoid drowning. Choose only one habit that generates excessive consumption and correct it.
Then choose another one. Do this repeatedly until you can pay all your debts.
You must be patient when deciding on a permanent, long-term solution.
Most people overestimate what they are able to accomplish in a month just as they overestimate what they are able to accomplish with three years of hard work and dedication.
Be persistent, you will reach your goal!
Finally, set appropriate expectations, understand that this is not a quick and palliative solution.
It is a solution that will bring greater well being to your financial life in the long run. All this, for the mere transformation of habits that attract doubt.
When you learn to spend less than you earn, your debt problems go away forever… and that’s a fantastic thing.