Do You Have Too Much Debt?
Did you know that federal government statistics in the United States show that consumer debt levels have risen to nearly 130% of disposable income? That’s right, people on average are spending more than they earn. In other words, they’re getting more and more in debt as each year goes by. And they’re not alone, either: Canadians are showing similar debt-to-income ratios.
The Problem With Debt
The problem with debt, of course, is that it has to be repaid. Which, for some people, is getting harder and harder to do. Having too much debt wreaks havoc with your life and your relationships.
The solution is to get rid of your debt and to avoid further debt. Your ultimate goal should be to live debt free.
Resources For Debt-Free Living
We can help you achieve this goal with helpful tips on all aspects of debt-free living, including:
- The benefits of being debt free.
- Why cash advances are a bad way to manage your money problems.
- Smarter debt management for quicker debt reduction.
- How credit cards, credit lines and personal loans are used and misused.
- The hidden dangers in home mortgages.
- How to earn more money without leaving your current job.
- Where to go for debt counselling.
Trust us, you’ll sleep much more soundly at night when you don’t have any debt worries!
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