Why is it a question not a concern ?

Sept. 16, 2010 - PRLog -- Here's some of the questions I asked:

Q: What is Credit ?

A: “Credit …..What is credit”….

A:   You mean like a credit card


Q:  My next question:  Are you in debt?


A: “Is that when you can’t pay your bills”…..
A: “Yes…. I’m in debt” ….
A: “I can’t afford anything”……
A: “I’m living paycheck to paycheck”……


So many people are taking the easy way out. They're taking debt and collection notices straight to the office of a bankruptcy attorney saying please make it all go away. With the current unemployment rate here in Michigan exceeding 13% I understand that everyone can’t afford to pay every bill in their home. The reality is one must make sure that you’re doing everything possible to make sure this is not a repetitive process.

Did you know that 17% of the people that file bankruptcy are getting back into debt? Most of the people that file bankruptcy end back in same debt situation in not less than 4 years because you’re removing debt for the current situation but not changing the habit.

The best way to overcome the financial objections is to remove the habit. If you’re not taking the time to sit down and balance and budget then be prepared to be landed back at that same place and predicament.

Did you know that stress is the number one leading cause of death related and linking itself to so many other diseases and health issues? Debt is stressful it can cause relationship issues and can cause many other issues including depression. Take control of your finances create a budget. Remember, anything you can afford to buy is a excuse you need it; If you cant afford to save your in debt; and anything you can return you don’t need.

Your credit is important it’s a track record of your worthiness’ and being debt free is much easier than living paycheck to paycheck. To those that have children we can see that college in the future looks to be a necessity and not an option any longer.  Saving for your Childs future while in debt is hard to achieve without the repetitive habit of spending what you have saved you need a strict budget and assistance to stay on track so you can achieve your financial goals.

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Credit and Debt Counseling, Home Loan Modifications, Defaulted student loans, Budgets, First time home buyer education.