One out of every three families carry credit card debt from month to month, for years. (According to the National Foundation for Credit Counseling)
Some of those families are managing a modest amount of debt fairly well — always paying above the minimum and holding back on new credit purchases until the balances are paid down.
For others, however, debt is an oppressive burden that has them ducking creditors’ phone calls and struggling to keep up with even the minimum payments each month.
Some are clearly on the verge of bankruptcy.
Debt ruins marriages.
Debt stops the older generation from being able to retire and live the restful life they deserve.
If you or someone you know is feeling overwhelmed by debt, you need to make some quick and sometimes drastic moves to get free.
It’s not just a matter of tweaking the way you’re spending with credit cards.
It’s a matter of seriously getting ride of debt that literally sends some people over the edge.
Myecon can provide you with steps detailing how to get out of debt and live a debt free lifestyle.
Here is a short 8-minute video that I would like for you to watch that explains how you can start changing your financial situation.