Monday, August 31, 2009

5 Simple Steps


If there was enough money to go around the world and back again, fewer problems would exist in the world. We'd be able to feed the hungry, everyone would have a job and everyone would be able to afford a good solid education.

Of course, that's not the case.

Debt is swallowing Americans whole. Statistics show that even big corporations such as Washington Mutual aren't safe from debt.

Dept takes down more than corporations; debt can harm a marriage, friendship, a family or any other type of relationship. If big companies can't control their monies, how can we? ISS offers 5 simple steps to getting on the fast track to getting out of debt:

1. Develop a plan on how you will conquer your debt.
2. Seek out financial services that offer debt management or consolidation.
3. With many famous financial gurus like Dave Ramsey and Suze Orman, getting financial help is a mere click away (see below).
4. Be patient. Getting out of debt will take time, commitment and consistency.
5. Communicate. No matter what, keep your partner, spouse, family or friend informed about your financial goals.

Money management is essential. When you have a grasp of your money, you are able to focus on other important things in your life. Here are the top three sites that give fantastic advice on how to build a better financial future:

http://getoutofdebt.org/
http://www.daveramsey.com
http://www.suzeorman.com/

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