Creditors Secret Weapon
March 11, 2008
So many people are in overwehlming debt, and it’s incredible to find out so many don’t understand how they got in so deep. All the people have the same stories, even know each of them are different.
Does it really matter why or how you are in debt? No. Not really, but you need to ask yourself the question. What have you learned about debt and how to get out of it. If you’ve learned nothing, then this article is for you.
Do you really think creditors want you to know how to pay off your debt? Thats like saying the casino really wants to teach you how to win. Creditors want you do learn nothing more than how to manage your debt, just like casinos want to teach you the basics about blackjack!
Understand this truth: Creditors are playing for the long term payoff. Just like casinos, they know if you play long enough the house always wins. Think about it an average home-owner in America will pay three times the purchase price of their home by the time it’s paid off.
The truth is no debt should be manageable. Debt should be attacked! An all out frontal assault until there are no survivors left. Think of your debt as the enemy, and you are at war. You need tactics, strategies, and a plan of attack.
You cannot be at peace with your debt, going through life paying it off month by month, falling asleep to the truth that you are being strangled to death. The time to fight back is now.
The secret weapon of debt. Interest is the secret weapon debt holds on us all. Ask yourself why you only make one payment on your debts per month? Surly it would be smarter to make many payments. However, we get our bills in the mail only once per month so that is when we pay.
Of course I can hear you saying. “I would love to make more payments, but I just don’t have the financial resourses to do that. Have you not been listening to what I’ve been telling you!! I’m in DEBT. I do not have the ability to make any extra payments!”
I can understand your pain as President Clinton would say. But listen you can make extra payments. If you make your car payment once a month every month then you are following the plan your debt has laid out for you. Does that make any sense to follow the plan of your enemy?
Are you hearing me? What if you took that car payment divided it by 30 days? It would equal a 1/30th of your normal payment. Did you know 30 small payments per month, instead of just 1 large payment, will pay off your debt much more quickly.
I bet you didn’t know that little truth. However, why would you know? The creditors sure aren’t putting out books on how to defeat their secret weapon. This is just a very easy example of how you can start to attack your debt.
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