Payment methods Credits for consumption are getting rid of debt

The release from the burden of consumer loans is an essential step on the path of financial balance and prosperity.

We live in a world that quickly sells us the «realization of dreams». A credit card and you can have the long -awaited holiday or smartphone. How do you pay? Later, in installments.

You want to renew, ok, a loan of personal needs and you have a long house. How do you pay? Later, in installments.

When we were small, we were taught to eat the soup first, the second way and in the end the dessert, now we have reversed the wheel, start with the dessert and then we follow the «Naşpa» part, the payment.

Credit card and life «on the notebook» become a lifestyle.

The problem is that you insert a clear circle: take the salary, pay the rates, there is no money and you enter the credit card, more and more and the debts are collected. There are also problems and you wake up suffocated.

The good news is that there are solutions, You can change your life if you want.

Having said that to go to work.

I present below two methods to restore personal needs / credit cards:

• one based on emotionsIt seems strange, but it is not, its goal is in addition to paying loans and reconfiguring the behavior.

• a logical addressed to the people of the brain, They adapt well to the type of entrepreneur.

The plan includes two phases:

As? Sell ​​what you don’t need from home (that unused bike, clothes, tools, photos apart for so long …), do an extra job, see what you can monetize from your passions.

Without this fund you cannot move on to the next phase, it will protect you from those unexpected situations that could force you to «enter» and in the cards.

The emotional method, OR Bulgari of debt (Dave Ramsey «Money Makeover»):

• Lists all debts, in order of the size of the balance (as much as possible), from the smallest to the largest. Ignore the interest, even if the smallest is not the most expensive, you said it first.

Why? Because here we change behaviors and an important role will play dopamine (the reward hormone).

Put the list somewhere in sight, to «hit» often.

During this period, everything else is «cut from the list», minimize the expenses, take an additional job if you need it. All with a truly important purpose.

• After the first debt has been paid, see it cut the list, you will hear a bust of motivation. With the same determination attacks the next one.

• In the same way, you buy only the minimum amounts to others and all the money goes to debt now the first on the list.

• The process is repeated until all debts are paid.

This method is not the most effective costs, but has results.

Why? Because, with every little victory, the composition of «man who can» is confirmed, with every success you receive the motivation to go on with even more will. When you reached the great amounts, you have the «training» necessary to resist the frustration that do not «close» quickly.

Logical methodObviously the most efficiency From a cost point of view, but more emotionally demanding.

• We list all the debts we have, in order of costs/interest involved, from the most expensive to the cheapest ones.

The debt balance does not matter, it is important that the costs involved.

• To all the other debts that pay the minimum amount and the attack with all the forces the first debt, the most expensive.

• The process is repeated as in the case of the emotional method.

Unfortunately, you could start with a great debt, which will last to buy it, you need a discipline to go through the process, without the dopan bust given by the small victories.

Regardless of the method you choose, for determination and will, you will exceed.

When you have finished closing the accounts from the bank, take a scissor and cut the credit cards in two, so you never go back from where you left.

Or, the lightest version, keep one, put it in a drawer, hidden in a box and write a motivating message for you.

If you consider this interesting article, please share it with other people, to support those who need a change.

A life free from the debt !!