Tuesday 12 February 2013


BE FREE FROM DEBT AND YOU WILL BE FREE FROM POVERTY
It’s always better to not accumulate debts for over a long period of time. But if you have already accumulated debt then the following options can be tried for clearing all the pending debts problem.There are many things one can do to easily get out of debt and they do not include robbing others or a bank to do it. Simple, logical and focused debt recovery will get anyone out of the most gigantic mountain of debts if they are willing to do what is required.

Many people incure debt through bad habits and lavishness that has simply stuck with them. Habits like responding to triggers that force them to shop for things they may not need and certainly will never use. But with the benefit of a credit card and easy access to credit the mind gets carried away when the trigger sale is used. But what is cheap when it drives you into debt over your head.
The disadvantages of credit cards is that you are not touching the money. It is coming from an unnatural source and it almost feels as though someone else is paying for you. That is how banks want you to feel and they are the ones milking you for whatever you are good for.
loans are another trick . Financial institutions also encourage people to borrow money because they will charge interest on it. If you are paying interest then it is equivalent to a tax and that is a major source of debt. But when people want things badly enough they don't always care if the sums done add up.
It used to be calamitous when you fail to repay your loan and the finance companies or banks pull the plug and repossess your goods or sell your property. So why do people allow themselves to be used and get into a one sided agreement that favour only the financial institution.They are only after their own interest and gain.






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