Thursday, July 12, 2007

D For Debt...

And the rhythm goes on.

Today, I did a search on Google for Credit Card Debt Consolidation - no serious thing, just to find how much more fluff and filler has been added. Quite a lot.

I think you know that this is a really serious issue today, with so many millions of people trying to get rid off the debt, the negative balance hanging around their cards like an albatross - that's the word for it, I think!

Anyway, there is an enormously under-rated secret to all this hype about credit card debt pay off thing. You, of all people, should know that. That secret is... that there is no secret! I know you have heard that many times, but it still remains a great secret!

Credit card debt pay off is all about CONSISTENCY. You can learn a new trick today, apply it tomorrow, and when you find that the trick you used isn't working for now, you quit! And that is what keep doing for every trick or technique that you try!

For years now, people have tried to control the debt. Yes, they are trying even today, in vain! Why? Why after all these should people still be chased by debts of unimaginable magnitude?

Someone asked Albert Einstein what the greatest force was. In his usual humor, he had said, Compound Interest. That is something that bothers terribly in the case of a credit card debt. The interest on the debt ensures so fatefully that the debt keeps increasing.

And do you know what? If you don't stall the debt now, it will still keep increasing and by next month it will be some draconian devil that you fear! It's about how you first stall the debt from increasing, and then go about trying to reduce it. And then, BAM. The debt vanishes!

But then again, it's about consistency. Strong and dedicated consistency. You need to be stolid in your attempts.

Anyway, so long for now! Await my next post...

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