Debt Consolidation & Management

Debt Consolidation & Management

At 35, With a family, we all tend to get busy. We overlook our expenses and sometimes make mistakes too. Out of these few mistakes starts our first few debts. Small amounts of 10$ bills to be paid for grocery, a 100$ bill to be paid for the credit card company and so on. Its all normal until we realize that its getting too big to handle.


One of my first credits was to buy smoke and breakfast. It was a corner shop and i used to work right around that place. So Getting a credit from the small shop was not a big deal. It was almost always trust. That was 15 years ago and my debt would amount to a few 100 Dollars a month. Today with time progressing i have debts worth at least 2000 Dollars at any point of time. Nothing big for sure but this is unnecessary. Last month i had had enough and wanted to close off all my debt. I checked out on the few things i was doing wrong and then stumbled upon a few unnecessary payments i was making. I forced them to close down with minimum payments. Then came the credit card bills. The interest was gone through for 4 months now and i was paying the minimum every month. I decided to cut that down and paid off more than 30% of the total amount. A bit of cost cutting and saving on Groceries , gas and of course my gym money last month amounted to over $300. I had closed down more than 1030$ last month. More than 50% of the debt was cleared. I Am already working on closing off another 300 $ this weekend.

If all this was possible with a bit of dedication and planning,dont you think you can get along with Reducing your debt in Just a few days or months. No matter what your bills are like, no matter how big and how impossible it may seem, its possible with the right planning, and knowing how to do it.

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