National technology outlet, CNET, covers more aspects of life than that. For example, they have a robust “Money” section online that covers many of the tip sheets and advice posts Beyond Finance covers on a weekly basis.
Recently, they called upon our financial experts to discuss something they manage on a daily basis — credit card payoffs. It’s not as easy as “paying off a credit card.” If you understand financial literacy and take enough “financial practice,” then you know there is timing, research, and comprehension of how a closed credit card can affect your wellness.
CNET begins the conversation with some positivity for anyone struggling with debt.
You don’t have to let debt get you down, though. Financial counselors recommend being honest with yourself about your situation, and then looking for ways to pay down your credit card debt quickly.
Before the experts chime in regarding credit card payoffs, CNET offers valuable insight.
And while not doing anything could be the biggest mistake when it comes to paying off credit card debt, there are other pitfalls that can slow you down.
In our business of debt consolidation services, we hear many grueling stories of how people fall into debt where they can’t seem to jump out. Much of that stress and time erodes with proper financial practice and understanding of how a crafts person works with their tools.
Of the 10 ways CNET wanted to offer their readers about understanding credit card payoffs and managing their debt is when making a plan, give your money a purpose.
You need to have a plan for every dollar that you have in income. It could be for rent or mortgage, to put gas in your car, for insurance, for dining out, for having fun, for debt. If you’ve got some money left over and it doesn’t have a job, don’t just let it float. Assign it a job.
We encourage you to read all 10 of these tips, which could greatly affect the way you manage debt. throughout this conversation. Our hope is your determination to do something about your personal debt.
Debt is what you have, not who you are. If you’re ready to discuss your situation, give Beyond Finance an opportunity to help you–one assessment and barely 5 minutes are all that stands in the way between you and financial peace of mind.