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George Patrick
United States
Member since 2 year(s)
The Number 1 Secret to Getting Out of Debt!
By George Patrick – http://MyLancasterMortgageGuy.
com/debt.
html
You have been lied to!
Everyone says that the secret to getting out of debt is to
pay more than the minimum payment.
I mean, sure, that does seem to make sense.
The problem with that is if it was that simple to do then why...
More
The Number 1 Secret to Getting Out of Debt! By George Patrick – http://MyLancasterMortgageGuy. com/debt. html You have been lied to! Everyone says that the secret to getting out of debt is to pay more than the minimum payment. I mean, sure, that does seem to make sense. The problem with that is if it was that simple to do then why do so many of us still have debt? Think about it – you probably know people who pay 50 dollars over their minimum payments and still are not able to pay off the debt! So, then how do you get out of debt? Simple it starts with balancing your check book! Duh? Well, ok it is pretty obvious. But getting out of debt begins with balancing your checkbook. This means what goes into your checking account must be greater than (or at least equal to) what comes out. If what comes out of your checking account exceeds what goes into it, you’re living with a deficit. This may mean that you’re simply not paying the bills you need to pay or you’re depleting your savings
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