Comments on: Steps for Debt Settlement

By: Debt Attorneys

Debt Attorneys — Mon, 16 Aug 2010 06:19:40 +0000

Your debt settlement objective is to hold your ground and ensure that the terms are agreeable to you and that you are not pressured into anything. You shouldn’t accept the new terms that you feel are not acceptable to you. Thanks for sharing information..

By: Credit Card Connection

Credit Card Connection — Mon, 01 Mar 2010 10:06:43 +0000

[...] Credit cards nowadays are the leading sources of debt. If you did not handle your credit cards responsibly, you will end up paying for it for the rest of your life. It is our responsibility to manage our expenses in our credit cards. Before you swipe our credit cards, think twice if the expenses are worthwhile. If you are in deep credit card debt, here is a nice article that talks about steps for debt settlement. [...]

By: debt

debt — Sat, 12 Dec 2009 12:46:29 +0000

Nice points you discuss.

By: marietta

marietta — Fri, 04 Dec 2009 18:54:25 +0000

Truly an amazing way of getting financially free. thanks for posting helpful blogs! God bless!

By: Betty

Betty — Fri, 27 Nov 2009 21:52:25 +0000

You have alot of good advise packed into this article. I’ve used some of these techniques and they worked like a charm. My goal for 2010 is to have a financial plan in place so I’ve begun reading a book called “The Debt-Free Millionaire” by Anthony Manganiello. What you mention above is also what this author advocates…when you’re in (bad)debt, your money is working against you. He offers insight into the debt-relief services industry which has been really helpful.
http://www.therealcashflowceo.com/Books___Products_2XAV.html

By: Luigi Fulk

Luigi Fulk — Fri, 27 Nov 2009 21:01:41 +0000

I had debt tribulations for many years. It was a horrible feeling to retain that persistent pressure day in and day out. People that are struggling really have to button down and get rid of all excess spending to get out of their debt problems. It is worth it to feel a lot better.

By: Darvin @ Recycling Christmas Card

Darvin @ Recycling Christmas Card — Fri, 20 Nov 2009 23:10:00 +0000

You’re dead on. I have and am successfully using this strategy! It provides you with a good feeling by having some easy wins early (when you pay off those debts which take only a few months to pay off) and it accelerates how quickly you can get out of debt!

Thanks for sharing this powerful technique.

By: Johanne

Johanne — Mon, 16 Nov 2009 07:12:18 +0000

Very good points. Many people sure need these tips. It’s amazing how so many individuals act like a toddler when dealing with debt. They think that not minding debt and ignoring bank statements will make their debt go away.

By: Ms. Freeman

Ms. Freeman — Fri, 13 Nov 2009 19:38:21 +0000

Fortunately I don’t have alot of debt outside of things like my car and home. I don’t believe in financing food and clothing which is what one does when they charge it on a credit care.

This is a great post for those in debt and knowing the difference between good debt and bad debt makes all the difference in the world.

By: Tyrone

Tyrone — Thu, 12 Nov 2009 08:55:58 +0000

Thanks Zen. I was just amazed in the concept of debt quadrant by Robert Kiyosaki. That was a genius idea!

Another thing that amazed me was step 9 in which if you accustomed yourself to paying your huge debts, once paid, you can leverage that habit to invest and build assets in the future. You are forced to invest because you treat your investments as “debts” that needs to be settled.

By: Walter

Walter — Thu, 12 Nov 2009 06:51:56 +0000

To eliminate debt, we must first restructure our financial blueprints. This is the source of how we handle money.

By: yan

yan — Thu, 12 Nov 2009 06:36:16 +0000

Useful article. One of the reason why many still can’t get themselves out from bad debt (example credit card debt) is because they don’t want to accept the fact that they’re in bad debt. When they’ve acknowledged that they’re in bad debt, it’s much more easier to handle it.

By: Zen Foo

Zen Foo — Thu, 12 Nov 2009 02:52:44 +0000

I wouldn’t say this is the most innovative way of eliminate debt but certainly it is a good and easy to follow system for anyone. Just like the most delicious burger vs mcdonald story. McDonald don’t sell the most delicious burger but they definitely own the most efficient business system. Very Robert Kiyosaki way of looking at thing. Great effort there Tyrone.

By: Gabe | freebloghelp.com

Gabe | freebloghelp.com — Wed, 11 Nov 2009 16:22:50 +0000

Perfect strategy and tactics to fight debt. Many people don’t prioritize their debt. It’s amazing how ignorant they are about money matters.

By: dlysen

dlysen — Wed, 11 Nov 2009 11:20:02 +0000

I’m still trying to cut out my credit card bill and least I have one for my online usage. It’s hard to pay for the interest and its look like you’re a bank slave. Better be smart of using your credit cards.