Are you getting calls from creditors or collectors about past due accounts? Are you considering filing bankruptcy?
These are two questions raised by the folks at coeing.org, a website dealing with financial freedom.
They list (10) things you can do if you answered "yes" to both questions. But I thought they were good for each of us to review as we are serving others, regardless of where we are financially. Here are a few steps they suggest:
- Destroy all credit card accounts with balances and STOP trying to borrow your way out of debt.
- List all of your creditors and the balances you owe them, starting with the lowest balance at the top.
- Try to reduce high interest rates by rolling existing balances to lower rate offerings.
Check out the entire list and website.
Finances can be a source of extreme frustration or freedom. It depends on how you view it and the behaviors that follow. When our finances are strong, we are better able to Serve Strong!
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