Ideally, a portion of one’s paycheck should be kept as savings.  And with an unpredictable economy, it only makes sense to save.  Unfortunately some people can not afford to save because debts, left and right, have to be paid.

I can’t believe the number of articles I’ve read, in the last 24 hours alone, about debt and how a lot of Americans are getting deeper into debt. Many of them are in desperate situations and are probably already considering desperate measures.  Decisions whether to consolidate debt or not and other possible measures one could take to get out of debt,  should be weighed carefully.

Depending on one’s debt situation, a number of options are available for consideration.  But here are two very troublesome and sad facts: (1) many lottery winners find themselves back in debt within five years; and (2) the average person who consolidates debts also winds up in debt again.  That said, true debt relief could only come from one’s very own self.  There are steps a person can take for self-help debt relief: 1) determine how you got into debt; 2) find your spending triggers; 3) change your money views; 4)avoid emotional spending; 5) avoid credit spending; and 6) after accomplishing steps 1-5, make the change permanent.

After you’ve helped yourself, you can then go to Bills.Com, which is a one stop resource for saving money.  Allow them to point you in the right direction with tips, articles, and debt consolidation providers that have been pre-screened to help you consolidate debt.

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