Start Living Debt Free, Where Do I start?
Many of us as consumers look into becoming debt free only after we are in over our heads and drowning in debt. Most of us may think someday there will be a “magical” lump sum of money we may receive at some point in our life and then we can pay off all of our bills and debts. Unfortunately, for many of us, this day may never come and may find that retirement is further away then we think.
Ok, so you may ask yourself, I want to live debt free, so where do I start? For a few, bankruptcy may be an option but after the reform laws of October 2005, it has become nearly impossible to declare bankruptcy, not to mention the damage you will cause to your credit because it will stay on your report for the next 7-10 years.
There is also credit counseling, in this case, firms […]
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