“There can be no real individual freedom in the presence of economic insecurity”
Chester Bowles (1901-1986) Tweet this
Problems with debt can have a profound impact on the Family.
The Debt I refer to here is Consumer Debt that is linked to the acquisition of lifestyle comforts, whims or desires. This type of debt can really suck the life out of your financial future and is best avoided.
Entering into debt for business reasons or to accumulate assets is often necessary and indeed wise as long as it is part of a well thought out Business Plan or Investment Strategy.
Get Rid Of The Debt With The High Interest
The debt with the highest interest has not necessarily got a percentage after it.
It is the debt that can cause you the most harm if it remains unpaid.
THE CITIZENS ADVICE BUREAU
THE NATIONAL DEBT HELP LINE- TELEPHONE 0808 808 4000.
CONSUMER CREDIT COUNCIL - TELEPHONE 0800 138 1111
Please take prompt action because your debt will be increasing daily. Debt problems can seem daunting and insurmountable on your own. These organisations have trained people that can help. Their support and guidance will prove invaluable.
Be very cautious of any person or organisation that is making any sort of fee or charge to sort out debt on your behalf.
About Financial Dignity
I wrote the book to ensure that my children would not suffer the financial ignorance I had at their age. To be able to teach them I needed to know and be able to apply the principles myself and show by example what can be achieved with a little applied knowledge.
If they ever choose to apply them will of course be up to them, but at least they would have a sound basic knowledge that would, if applied enable them to make a big difference to their financial quality of life. At least they would have the knowledge that eluded me.
It is a story about how Andrea and I changed things around. This book is not a prescriptive game plan or financial advice. It's purpose is to get you thinking beyond credit cards, consumerism and a cycle of debt that can haunt you all your life.
Learn more about Financial Dignity Here