Clears your debt with two simple steps

Sean BowerDo you ever wake up in the middle of the night thinking about the interest on your credit card debt or car loans? This is no nightmare; it’s very real and it’s very horrifying.

It must leave you feeling like your sinking into a deep hole that’s far too steep to get out. I remember the feeling. There’s something about debt that clogs up your power to logically assess important financial decisions.

I started to get my act together before it was too late, and I’m here to show you in two simple steps how you can clear your debt so you can rest peacefully at night.

Whenever you go out with your friends or your significant other, it’s horrible to have to think about the money you’re spending and how it could be going toward paying off your debt.

If you’re like most people, you probably don’t disclose your debt or your financial situation to many people, if anyone. Maybe you dress it up a little bit to your partner, but you certainly wouldn’t reveal that information to your friends. It’s just embarrassing.

There’s simple ways to get out of this depressed state, though. With the right mindset, and a little bit of patience, you could be enjoying life the way you want to.

Now is the time to grab ahold of the rope and pull yourself out of the financial quicksand.

With these simple steps, you’ll be out of debt in no time.

Step 1 – Apply for a 0% interest transfer balance card

Most credit card companies are willing to take on your debt and allow you to pay it off interest-free for anywhere from 12 to 21 months.

If you shop around a little bit, you’ll be able to find the perfect card that fits your needs in no time.

And I know what you might be thinking, “Another credit card? Really?” The difference with this credit card is that it has the possibility of encompassing your debt and any other cards that you may be paying absurd interest rates on.

This step requires action. If you’re sitting there and you’re skeptical of opening ‘yet another’ credit card, then keep paying off your debt that could have anywhere up 25% APR.

Also, note that if you’re only making the minimum payment on these high interest rate loans, then your hole is getting so much deeper each month.

Step 2 – Create your financial revitalization plan

Ok, so you have your 0% interest transfer balance card. Your balance has been transferred, and the timer begins.

It doesn’t matter if you were approved for a 12-month interest free period or a 21-month interest free period, the time to act is now, before you even receive your card in the mail.

Your financial revitalization plan is what’s actually going to cure your financial woes.

Put everything you can into paying off your balance before your interest free grace period is over. This is your one break to get away from the evil nature of cyclical debt.

If your debt is $4,000, and you have a 16-month interest free period, don’t just pay the $250 a month it comes out to, pay $350. Make a plan for where you’re going to get this money from.

Start meal prepping for work and you’ll find out quickly that you could be saving close to $80 a week. There’s $320/month right there.

Or you could cut back on social time down to only going out every other week. This is a huge money saving technique.

Whatever it is you need to do, make sure you attach a physical figure to it. Make it clear to yourself that you’re sacrificing something specific to pull yourself out of the depression of debt.

You’ll be much happier long-term, and this financial accounting technique can be used in the future to help prepare for retirement or save up for a vacation.

Stop paying the credit card and loan companies absurd interest rates and start taking big bites out of your burdensome debt by taking action. It’s in your hands now.

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