Debt Management Advice

Do you want to make money, build wealth? If the answer is yes, then your first step needs to be learning the basics of debt management. 'A penny saved is a penny earned.' When I am mentoring small business owners, I often help them get Debt Management training and counseling.

This has helped everyone I've worked with who said 'I have no money' free up at least $100 a month to invest in their business, and expedite their debt freedom campaign. The fact is, most of the population pays $5000 a year in interest on their credit cards and personal loans. That does not include the $3000 - $5000 they pay on their mortgages, at least $800 - $1500 of this an overpayment because they chose the wrong mortgage product.

Before you say 'I have no money' contact a debt management councillor, or an online service. It is the first step toward running a successful business. You can't run a successful business if you hemorage money. The problem is - the more you make - the more you will lose, until you learn how to manage your money.

Who needs debt management councelling? Anyone who cannot pay their credit cards off each month, and has less than 3 months of bill money saved in the bank.

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