http://www.dalbeyblog.com/2006/02/my-top-ten-tips-for-getting-out-of-debt.html Your Fast Track to Financial Success Fri, 03 Sep 2010 03:43:49 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://www.dalbeyblog.com/2006/02/my-top-ten-tips-for-getting-out-of-debt.html#comment-2187 Rod Johnston Tue, 26 Jan 2010 19:11:19 +0000 http://newsletters.dalbeyeducation.com/dalbeyblog/2006/02/my-top-ten-tips-for-getting-out-of-debt.html#comment-2187 Yes, keep only one card for reservation & sevices.....but keep one small ..a few hundred bucks..for online sales, where you may be afraid to give a card # with $20,ooo.00 available....use a debit card..then you will think twice on spending and not go in debt...Rod Yes, keep only one card for reservation & sevices…..but keep one small ..a few hundred bucks..for online sales, where you may be afraid to give a card # with $20,ooo.00 available….use a debit card..then you will think twice on spending and not go in debt…Rod

]]> http://www.dalbeyblog.com/2006/02/my-top-ten-tips-for-getting-out-of-debt.html#comment-67 Terry Jackson Fri, 31 Mar 2006 17:57:54 +0000 http://newsletters.dalbeyeducation.com/dalbeyblog/2006/02/my-top-ten-tips-for-getting-out-of-debt.html#comment-67 Russ is so very right here, and everyone who has credit card debt should take this to heart. I was fortunate to hear the same advice many years ago and was able to pay off those money sucking credit cards. Now I only have one, which I pay every month, and only use on trips instead of carrying cash. I think the key item above is to get a pair of scissors and CUT THEM UP!!! If you tell yourself you'll "just put them in a drawer and not use them," this will work for a small period of time, then temptation to purchase something you 'really need' and don't have the cash for will make you use the card again and stay in the hole financially. Sure, you have to start living by your present income instead of using plastic to get by, but once you pay the cards off and see how much better you feel, and how you've managed to live on a budget without credit cards, you're on your way to financial independence. Russ is so very right here, and everyone who has credit card debt should take this to heart.
I was fortunate to hear the same advice many years ago and was able to pay off those money sucking credit cards. Now I only have one, which I pay every month, and only use on trips instead of carrying cash.
I think the key item above is to get a pair of scissors and CUT THEM UP!!!
If you tell yourself you’ll “just put them in a drawer and not use them,” this will work for a small period of time, then temptation to purchase something you ‘really need’ and don’t have the cash for will make you use the card again and stay in the hole financially.
Sure, you have to start living by your present income instead of using plastic to get by, but once you pay the cards off and see how much better you feel, and how you’ve managed to live on a budget without credit cards, you’re on your way to financial independence.

]]> http://www.dalbeyblog.com/2006/02/my-top-ten-tips-for-getting-out-of-debt.html#comment-66 Susie Sun, 26 Mar 2006 05:24:15 +0000 http://newsletters.dalbeyeducation.com/dalbeyblog/2006/02/my-top-ten-tips-for-getting-out-of-debt.html#comment-66 Thank You! Who would know better than you - someone who has come up in the ranks. I am in that situation and getting ready for a possible equity loan. Thank You!
Who would know better than you – someone who has come up in the ranks. I am in that situation and getting ready for a possible equity loan.

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