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Sunday, December 9, 2007

credit card debts promotes economic collapse

Last month I called up a couple in Australia who had been my friends for quite sometime. Actually I stayed in their place and I was honestly offering one way to eliminate credit card debt. I left text messages and emailed them that the husband, whom I know has great leadership skills and maybe writing style, can make money in the internet as a freelance writer. At least he can still go with his daytime job and maybe earn money while he is at home writing like me before I retired. The wife declined saying that they got another money making scheme not online of course, and that I don't have to worry about credit card debts because that is very normal and all people live there in debt. I can't understand the option to remain highly indebted and getting headaches for the sole reason that it is normal when what I offer, even if it's not the offer, just the thought of slowly eliminating debts, would give you less trouble and much freedom to live by with life.

Anywhere I go, I hear people are already using receipts to spend for household bills today. Consumers are already struggling this massive burden of debt and soon they have to stop spending because they will be unable to cope up with bills versus income. If you are up to the neck in credit card and other debts, you got to be serious to paying just the minimum now. Soon you will find yourself with no more available balance because its been consummated with high interest rates and your expenses for the budget period. Soon it will catch up with you and tie you down with your hands and feet even to the point that it will gag your mouth. Think twice about using your credit cards especially this Christmas season. Buy only what is necessary and spare something for that little savings plan.



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