My Credit Card Debt

I thought that today I would reveal the numbers that I am dealing with when I look at my credit card debt. I know these numbers will be shocking to most of you, but I want to keep this as realistic as possible so that you too will make a commitment to change your lifestyle of debt. Let's make this year the year where we will take back our money and stop making those credit card agenices rich!

Here goes:
Macy's $240.00
Filene's $300.00
Capital One $290.00
Ny&Company $795.07
Express $230.00
Victoria's Secret paid 1/27/06
The Limited paid 6/??/05
JCPenney $1722.00
The Children's Place $44.00
Old Navy $409.00
Sears regualr $2264.70
Sears Plus $1297.87
WalMart $562.02
Target $200.00

I also have a car payment and car insurance. I am going to focus on eliminating the credit card debt first. I know, it looks impossible. Trust me, I will do it. I raise 7 kids and do it all. I do my own plumbing, painting, lawnmowing...etc. I am resourceful, perseverant and I am determined to complete this task. No more credit card debt for me. If you want to join me in this crusade to become debt free, feel free to leave a comment and maybe every month we can keep track of how everyone is doing!

credit card debt

Getting Out Of Debt by Indentifying Your Spending Style

While researching information on how to get out of debt, I came across a quiz. This quiz helps you identify your spending style,which can help you conquer your debt and control your finances.

Here is the Do You Have a Spending Problem?:

Have fun taking the quiz and I hope it is helpful. Leave me a comment and let me know...

credit card debt

Getting Out Of Debt (Dealing With Debt Collectors)

I was looking for information on how to deal with debt collectors. A friend told me she was previously employed with a debt collections agency and that the way to stop them from placing harassing calls is to demand they not call you ever again. Wondering if it was just that simple, I searched the internet for the answer and here it is:
Sleazy new debt-collector tactics

It tells you step by step, what you can do to stop those phone calls. Hope the information is helpful....

credit card debt
debt collectors

Getting Out of Debt (Debt Free Basics)

Here is an interesting article I came across on MSN. I thought I would share it with you. Trapped By Debt? Free Yourself In 7 Steps

It gives some great tips and advice. Happy reading...

credit card debt
budgeting

Getting Out Of Debt (Credit Counseling Agencies)

Before you go online or pick up the phone to sign up with a credit counseling agency, be sure to read this very informative article from The Money Magazine and CNN website:

What you should know before signing up with a credit counseling agency

Always be well informed before making any major decisions in your life. This is a great article and it highlights the pros and cons of using credit counseling agencies to stop the bill collectors from calling while you are getting out of debt!

Good luck!!!

Here is a list of agencies. Make sure you always check their history with the Better Business Bureau!
Bankruptcy Alternatives
Debt Consolidation
Debt Solutions Foundation
DS Foundation
Family Credit Help
Free Credit Counseling
Loan Relief
Reduce My Debt

Gettiing Out Of Debt (Creative Solutions)

Getting into debt sometimes happens quickly. Due to unforeseen cicumstances like sudden illness, tragic death in the family or divorce, one can plummet into an abyss of unpaid bills and a constant stream of phone calls from collection agencies.

Desperate times call for desperate measures someone once said. Think of creative solutions to make income. Not a creative soul you say?

Here are some tips:
1. If you are home after work with your own kids or are good with kids, then advertise that you are available to care for other's children. Tell your family and friends that you are available to care for kids so that they can shop, go to the salon or have a minute of downtime. Make sure you set the fee in advance, so that there aren't any misunderstandings.
2. Sell your old books.
3. Sell your old DVD's and CD's.
4. Are you artistic? Try www.cafepress.com They can press your images on anything from a mug to a tshirt. Wear your designs and spread the word. It may just catch on. (Little tip: Kids love to belong to groups, draw a design for your child's team to spread team spirit among the players and families.)
5. Do you, your frineds and family like to go out often. Is there always a problem concerning designating a driver. Make it known in advance, that for a fee you will become the taxi for the nightly outings.
6. Watch other people's pets for money. This is also known as pet sitting services.
7. Become a dog walker. It's not only good exercise for you, but it pays those pesky bills.
8. Get paid to do your neighbor's household chores. Hauling large items to the dump, mowing the lawn, plowing and/or shoveling the snow and car washing are just some of the tedious tasks that some are willing to pay others to do. Take advantage of the opportunity!
9. Sell your kid's old clothing and toys on ebay. You will make more money from selling the items on ebay than from selling them at a garage sale.
10. Become a tutor. In this day and age, many people are what I like to call "computer illiterate". If you are computer savvy and can teach, go for it. You can also become a tutor for a non English speaking person. If you are good with kids and have the patience, you can become a tutor and help kids with their homework. Trust me, there are people that have the money to pay others to do the homework with their kids. This was my little sister's first job!

Good Luck and let me know how it goes!

Getting Out Of Debt in 2006

Now that a new year has begun, take the opportunity to eliminate the debt in your life and live worry free.

Nothing can be accomplished without making a plan and implementing it. The first step to your new year's resolution is to set goals and put them in writing. Make several copies. That way you can keep one in a safe place as well as one that you can carry with you. You can always refer to them before making purchases. Becoming debt free is a way of living. Most likely, it will take you a good amout of time to eliminate some of that debt.


Here are some tips for your goals:
1. Write very specific goals down.
2. Make sure you make short and long term goals in your plan. You must feel that there is some progress, to give you hope and encourage you to continue until the termination of your debt.
3. Cross off each goal as it is acheived and reward yourself. Find free ways of celebrating your success such as baking cookies, a bubble bath, a spa day at home or an elaborate home cooked dinner. This will inspire you to finish your goal.
4. Identify the emotions that spur you to create debt and work through them. It is important that you recognize the triggers that bring you into debt. If it is due to unplanned car trouble, then try to keep a savings account that will be used in case of emergency car troubles. If it is late child support payments, then try to keep a cushion in case they come late one month. Emergencies need to be planned for. They will get you into a pit of debt every single time.

So, good luck. I hope this helps and leave a comment if you like...

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Getting Out Of Debt Using Creative Solutions

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Getting Out of Debt

On my quest to get out of debt, I have learned about survey sites that pay you for your opinion. Since every dollar helps to get out of the pit of debt, I have signed up to these sites and have received compensation. These sites are free and I have persoanlly tried them out. Focus on trying to eliminate the debt by every means possible. This is quick and easy money that will help you get closer to being debt free!

Here is the link for a site I use often that actually pays out. It is free to join. Remember to answer all the profile information as accurately as possible.

Good luck and have fun!

Surveys That Pay