"It’s time to get out of debt, pay off your balances every month on your credit cards and if you cannot, then don’t have credit cards," states Paul Paquin - CEO of Golden Financial Services. Merge your finances and most importantly evaluate what is the most important thing on your pyramid. Money should not be on the top. http://www.prlog.org/
No one is saying it’s bad to have money. It is bad to worship spending and making money. Money is the path to evil, if money is who you serve. If you serve money and your life is all about money, you will have a destructive lifestyle.
Golden Financial Services states that if you're struggling financially and you cannot make ends meet, it’s time to have a meeting with yourself. Put everything on the table and be willing to sacrifice and do whatever it takes, to reach financial freedom. Maybe you get the extra cable package and after evaluating you decided to lower it to the normal package where you may get 200 less channels, but the channels you do get are your preferred channels. You just saved $50 monthly making this change. Maybe cut out 2 of your 3 vacations you have planned for the year. Maybe you are making a high car payment each month, and after evaluating you realize that if you sell the car, with the money you make off it, pay cash and pay off a used, but reliable new car. Now you have no more $500 car payment each month and a reliable vehicle. You just saved $6000 PER YEAR, for you and your family. It’s not all about driving the nicest car and wearing the nicest clothes. A materialistic way of living will not make you as a person, who you want to be.
"Merge your finances, so that you have more cash flow and allowing you to save. You should not be spending every dollar you earn each month, states Mr. Paquin of Golden Financial Services. View Golden Financial Services on Twitter - http://twitter.com/
If you are making minimum payments and cannot see any way to ever become debt free, then debt settlement may be your best option. After you complete and graduate from the debt settlement program, now you are responsible for being responsible. It’s ok if you get into debt, enter a debt settlement program, become debt free, educated and never get into debt again, but actually have good credit and financial freedom. That is great! However if you do all that, but in the end, instead of having financial freedom, you get right back into high debt again, that is NOT OK! You have to live and experience, but learn and develop as you go, ultimately evolving into a person with more wisdom and success in your future. Graduate a debt settlement program and you reach your goal of achieving financial freedom. In the end another goal should be, to be more educated and do the right thing. http://www.prlog.org/
Once you are debt free, now it’s important to follow the simple rules. Rule 1 when it comes to credit cards: Never get a credit card that you cannot pay off in FULL at the end of the month. If you cannot pay a credit card off in full at the end of the month, then you should not have one. If you follow this rule, have a few credit cards, use your credit cards and pay them off in full every month, so you will have a high credit score. Again, do not worship money!
Thank you for reading.
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Golden Financial Services is partnered with over 200 attorneys regulated by the STATE BAR in 48 states. The attorneys affiliated with our firm have over 12 years of legal experience in different areas of the law.