Why You Should Get Out of Debt Today?

The main reason for getting out of debt today, is because people with little or not debt have more control over their future:

1. They have more discretionary income, meaning that you won't be living pay check after pay check as you probably are right now. Can you even imagine how nice it is to be able to go to the Spa or for a nice dinner without having to put it in the credit card, but paying with your savings or extra money from your pay check?

2. They can afford to go in longer vacations or actually to go on vacations (period). My husband and I go on long vacations every year. We've gone to places like Fiji, New Zealand, Tahoe, Panama and we are going to Europe this year. It's so nice to go to new places and don't have to worry about how to pay the bill when we come back, because we've saved the money to pay for them in advance....

3. They can afford to plan the way to have one parent to stay home with their kids. When you don't have to pay so many monthly payments in credit cards, loans, etc; most likely the cost of paying a day care vs. you going or your spouse going to work doesn't make sense. That's why most people with little or not debt can afford to have one parent stay home with their kids.

4. They can save in advance to buy goodies... (cars, down payments for homes, appliances). Talking about not living pay check after pay check... What about buying your car and paying cash.... I know a lot of people that has done this and it feels great to be able to save some good money, buy a brand new car and don't have to worry about payments.

5. They have better credit, therefore, they don't need their own money to buy stuffs. Credit Scores are higher in people without debt, because they are not consider "high risk consumers". When your credit score is good, (700+) you can pretty much buy anything you want, from houses to cars with the minimun interests and even with 0% down payment. Would you like to do this?

Copyright © 2005 Excellentcreditnow.com - All Rights Reserved

Carmen Shearer is the President and CEO of S&S Financial Solutions. She has worked in the finance arena for over 10 years and holds two engineering degrees and an MBA from a branch of Harvard Business School. S&S Financial Solutions offers you credit repair, debt elimination programs and personal finance tools and information with a 90 days money back guarantee. For more credit related information go to: http://www.excellentcreditnow.com

---

IVA Information

If you're thinking about an IVA, it is essential to... Read More

Corporate Debt Management ? Perspective on the Why

Entrepreneurs have a tough time in their formative years. They... Read More

Debt Consolidation Versus Debt Negotiation

Debt consolidation versus debt negotiation are two options that are... Read More

Solutions to Single Mothers in Debt

As a single mother, lets admit it, times get tough.... Read More

Credit Card Debt & the Unfairness of the Universal Default Clause

Let's look at a real world example: A woman purchased... Read More

Is Independence Overrated?

Happy Independence Day from The Money Motivator!If you don't celebrate... Read More

The 5 Secrets to Getting Out of Debt Fast

As they stare down at a teetering pile of bills,... Read More

Debt Settlement : What You Need To Know

Debt Settlement companies work with your creditors to help you... Read More

Bankruptcy - Your Fresh Start

Most American consumers are living too close to the edge.... Read More

IVA Advice

An IVA (individual voluntary arrangement) is an alternative to bankruptcy... Read More

Future Secured? Oh Really?

A headline for a retirement annuities flyer declares "Future Secured!"... Read More

Establish Money Saving Goals For Added Success

Having something tangible to strive towards can work wonders for... Read More

Debt Settlement -- Why the Critics Are Wrong

After October 17, 2005, a lot of people are going... Read More

Debt is The Master of Souls

Wholeness requires separation. In order for you to experience yourself... Read More

Credit Card Debt Elimination

Credit card debt elimination can be done with a good... Read More

4 Simple Ways to Solve Your Debt Burden

Getting Behind Getting behind on your debts owed can be... Read More

Bankruptcy ? Bankruptcy Myths

Bankruptcy has long been a big question mark in the... Read More

How to Choose a Debt Settlement Company

As consumer debt continues to spiral out of control, debt... Read More

Going Bankrupt in the World

It all starts by defaulting on an obligation: Money owed... Read More

Eight Ways to Consolidate Debt

Next to winning the lottery, a debt consolidation loan is... Read More

Debt Collectors: Men or Mice?

Who are these people anyway? They viciously harass you and... Read More

Use A Debt Checklist To Examine Where You Are

A Debt Checklist allows you to look at items and... Read More

Mr. Cheapies Frugal Budget Tips

So you feel like a hamster spinning your wheel? The... Read More

Debt Free Living - 5 Tips To Get Out Of Debt

A few times I wonder what sort of credit system... Read More

Credit Repair? Its All Up to You

Log onto to a search engine such as google.com and... Read More

How to Get Triple A Credit in 25 Days

Good credit is everyone's dream. A wise use of credit... Read More

A History of Money and Banking Secrets That Banks Dont Want Published

A History of Money and TradeTo start with a history... Read More

Debt Free and Carefree

Are you still clearing a mountain of debt amassed last... Read More

The First Step To Getting Out Of Debt: Make The Commitment!

These days, getting into debt is easy.Unfortunately, getting out of... Read More

Credit Counseling ? Signs That You May Need Help

Credit counseling is a viable option for those who are... Read More

Debt: Dont Pay Your Minimum Balance

Almost all Americans carry credit card debt. Actually, over 40%... Read More

Learn How to Get out of Debt

Debt is becoming number one problem in the United States... Read More

Five Major Ways to Save Money

There are two main roads to improving your personal finances:... Read More