COMMUNITY CREDIT COUNSELING CORP.
GETTING OUT OF DEBT
IN THE 21ST CENTURY
Are high credit card balances taking up most of your budget and distressing your way of life? You are not alone. The average household has more than $9,000 in revolving debt. Most of this debt is credit card debt.
Unfortunately, many Americans try to keep up with their neighbors by buying many items that they want but do not necessarily need. This also means keeping up with Visa, MasterCard and Discover bills, plus juggling housing and vehicle expenses. If you spend more than you earn and make up the difference by charging on your credit cards, you are likely in financial trouble. At this point you must attack your debt problems.
The consumer must take necessary efforts to start to get out of debt. The following steps will guide the willing consumer toward financial freedom and out of credit card debt.
A) Create a Spending Plan
B) Plan a Debt Payment Strategy
C) Develop Good Money Habits
D) Slash Everyday Expenses
E) Build an Emergency Fund
F) Getting Help from a Professional
G) Improve Your Credit Score