Dave Ramsey Financial Tip: Real Debt Management


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by Will on October 21, 2009

in Financial Swagger, Financial Tip, Food For Thought

The good news is that there’s not some magical, mystical formula to good debt management. The solution is common sense and having a plan for your Total Money Makeover. Grandma’s simple way of handling money. Good debt management is 80% behavior and 20% head knowledge. It isn’t rocket science as some debt management companies try to make you believe.

Is it easy? No. In fact, it’s really hard most of the time. But it’s worth it. It’s amazing to see people change their lives through simple determination and having a plan that works…every time. Once you have areal debt management plan in place, its only a matter of time.

We have people every week email or call us about how they have paid off $10k, $20k, sometimes even $100,000 in debt. Now, you may be thinking, “Yeah, right. They must be making 6 figures to do that.” NO! These are just people who are serious about getting out of debt. Many of them are making $30,000 to $50, 000 when they decided to be debt free. It’s all a matter of attitude.

Source: Daveramsey.com

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