Get Out of Debt

MaryMary · 03-10-2007

Make it your goal to get out of debt. Set a realistic plan that is comfortable for you. You are in control of whether you get out of debt and become debt free.

smarty · 03-11-2007

Yes you should..otherwise verytime in somewhere in the corner of your mind you feel caged...

MaryMary · 03-11-2007

Quote:

Originally Posted by smarty

Yes you should..otherwise verytime in somewhere in the corner of your mind you feel caged...

I have felt the stress of credit card debt and it has ruled my life in the past. I am now in control and have no fears about the mail as it comes in.

Anyone can overcome this stress with a stick to it attitude.

Being in control feels much better than being weighed down with the stress of credit card debt.

smarty · 03-11-2007

Quote:

Originally Posted by MaryMary

I have felt the stress of credit card debt and it has ruled my life in the past. I am now in control and have no fears about the mail as it comes in.

Anyone can overcome this stress with a stick to it attitude.

Being in control feels much better than being weighed down with the stress of credit card debt.

That is the reason why I really dont like using credit cards...Debit cards are pretty good and I face no problem at all using them

MaryMary · 03-11-2007

Credit Cards have there advantages over debit cards.

With a debit card you are limited to the funds you have in your account and your overdraft protection(which can be costly).

With a credit card you can fund your normal life in the event you cannot work or have an emergency need for cash and have no other way of funding it.

We got into credit card debt a few years back when I was pregnant with our 3rd child. I couldn't let our house payment or utilities fall behind so I used the credit cards to fund anything we couldn't afford at the time. But once you fall behind it becomes almost impossible to dig your way back out. Unless you hit the lottery or something. lol

**louj** · 03-15-2007

I really hate the feeling that I'm in debt. One reason why I got a Debit card aside from my credit card.

When I was still using my credit card often, I use to pay on time so I won't have sleepless nights thinking that I owe someone something.

**onlineexperts** · 03-20-2007

It really depends on the types of lifestyle you live or want to live in. I personally am very contented by living on what I can afford. One reason why I only use my credit cards very seldom. I often use debit cards for online transactions.

**rant** · 03-22-2007

You should definitely do this tip, nobody else could help you out but yourself. Be practical in making decisions and choices, estimate the budget you'll be needing in paying off your debt as well as your bills at home.

chandni_aqua · 03-23-2007

it haunts me to be in debt. i ve been through those days when i couldnt sleep because of my debts. i feel imprisioned and tensed. am happy to be over it and if u wanna live peacefully then i would advice you to get over it as well. it helps!

quinda · 03-23-2007

As someone in debt at the moment, I agree with what the other posters have said.

It can feel like you're going nowhere, and there's no way out of the debt, but sit down, write out your finances, make sure you can afford to LIVE, then work out what you can pay off your debts.

Contact your creditors - in writing, not over the phone, and tell them that this is what you can afford to pay.

Stick to your guns, and eventually they will listen and you'll feel in control again.

03-10-2007	#1 (permalink)
MaryMary Member Join Date: Mar 2007 Posts: 56 Rep Power: 2	Get Out of Debt Make it your goal to get out of debt. Set a realistic plan that is comfortable for you. You are in control of whether you get out of debt and become debt free.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Finally Credit Card Debt!	MaryMary	Credit Card Debt	8	06-22-2007 11:58 PM

03-11-2007	#2 (permalink)
smarty Member Join Date: Mar 2007 Posts: 95 Rep Power: 2	Yes you should..otherwise verytime in somewhere in the corner of your mind you feel caged...

03-11-2007	#5 (permalink)
MaryMary Member Join Date: Mar 2007 Posts: 56 Rep Power: 2	Credit Cards have there advantages over debit cards. With a debit card you are limited to the funds you have in your account and your overdraft protection(which can be costly). With a credit card you can fund your normal life in the event you cannot work or have an emergency need for cash and have no other way of funding it. We got into credit card debt a few years back when I was pregnant with our 3rd child. I couldn't let our house payment or utilities fall behind so I used the credit cards to fund anything we couldn't afford at the time. But once you fall behind it becomes almost impossible to dig your way back out. Unless you hit the lottery or something. lol

03-15-2007	#6 (permalink)
louj Banned Join Date: Mar 2007 Posts: 139 Rep Power: 0	I really hate the feeling that I'm in debt. One reason why I got a Debit card aside from my credit card. When I was still using my credit card often, I use to pay on time so I won't have sleepless nights thinking that I owe someone something.

03-20-2007	#7 (permalink)
onlineexperts Banned Join Date: Mar 2007 Posts: 111 Rep Power: 0	It really depends on the types of lifestyle you live or want to live in. I personally am very contented by living on what I can afford. One reason why I only use my credit cards very seldom. I often use debit cards for online transactions.

03-22-2007	#8 (permalink)
rant Banned Join Date: Mar 2007 Posts: 106 Rep Power: 0	You should definitely do this tip, nobody else could help you out but yourself. Be practical in making decisions and choices, estimate the budget you'll be needing in paying off your debt as well as your bills at home.

03-23-2007	#9 (permalink)
chandni_aqua Senior Member Join Date: Mar 2007 Posts: 121 Rep Power: 2	it haunts me to be in debt. i ve been through those days when i couldnt sleep because of my debts. i feel imprisioned and tensed. am happy to be over it and if u wanna live peacefully then i would advice you to get over it as well. it helps!

03-23-2007	#10 (permalink)
quinda Junior Member Join Date: Mar 2007 Posts: 10 Rep Power: 0	As someone in debt at the moment, I agree with what the other posters have said. It can feel like you're going nowhere, and there's no way out of the debt, but sit down, write out your finances, make sure you can afford to LIVE, then work out what you can pay off your debts. Contact your creditors - in writing, not over the phone, and tell them that this is what you can afford to pay. Stick to your guns, and eventually they will listen and you'll feel in control again.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)