Help With Debt
Money is energy, nothing more, nothing less. It does not have any power to control your actions; only your thoughts control your actions. Our thoughts about money usually fall in one of three planes. At the bottom is where you’ll find most people. This is where people spend their energy and time worrying about and talking about money problems. Where they spend most of their time saying things like “I’m not going to have enough money to…” Ever overhear yourself saying this? You may need help with debt.
You can take the first step toward breaking the debt cycle by elevating your thinking. You can start elevating your thinking to the next plane by setting goals for yourself. This second plane is where you spend your energy and time saying things like “I want to achieve this goal I’ve set, but I’ve got these money problems.” If you’re already on this plane, congratulate yourself! You’re one step closer to permanent prosperity already! You’ll reach the third and highest plane once you make a committed effort to change your financial life. When you’ve reached this plane, you’ll find yourself saying things like “I have this goal, and it may be a very tiny goal, but it is my goal, and this is the next step I’m going to take to make this goal a reality.”
First, since you decided you need help with debt, the first thing to do is to eliminate all your unnecessary spending. If this means you have to quit spending on your credit cards, so be it. In fact, don’t even carry your credit cards around in your wallet anymore. The more temptation you have, the less chance you have to succeed. Start by creating yourself a budget, or a professional credit counselor can create this budget for you. By examining your income to debt ratios, and keeping track of every dollar you spend over the course of a week, you will very quickly see where you could be saving some money each week.
If you are seeking help with debt, contact Affinity Debt Consolidation here.
Professional Assistance
Now that you have sort of taken your finances by the reins, it is time to put a plan into action to help with debts. The simplest thing you can do is consolidating on your own. Transfer all your credit card balances to once single card, making payments easier, and possibly reducing your overall interest rate, if you have a card with a low APR rate. You can also consider consolidation programs with a professional. A consolidation loan offers you financial benefits as well. By paying off all your outstanding debts with a consolidation loan, you organize your debts, again, into one single monthly payment. Consolidation loans also carry a lower interest rate than do credit cards, for the most part. If you are paying a credit card balance with an interest rate of 18% on it, depending on your debt, it could take you up to 20 years to repay the entire loan, and you’ll end up paying thousands of extra dollars in interest. Shift this debt to a consolidation loan which carries an interest rate of 6%, you have cut the term of your loan down significantly, and have saved yourself a small fortune.
If you are more behind in your payments than you would like to be, debt negotiation could give you help with debts. Credit card companies want money, period. If you are in arrears in payments, and close to bankruptcy, you are making them nervous. Debt settlement professionals can negotiate with creditors to lower your entire balance, not just the interest, and in return creditors will receive a partial payment, as opposed to zero when you file for bankruptcy. Debt settlement is damaging to your credit, but debts, once cleared, will show as settled, rather than account closed or in arrears, on your report.
You can be your own worst enemy in your search for abundance or you can be the best guide you’ve ever had. The choice is entirely up to you. Help with debt is not as difficult as you may have thought.
Let Affinity Debt Consolidation help you with your debt. Contact us here.