I read a lot of other web sites and blogs that deal with credit card debt. But I link to only a fraction of those that I read. Why is that? Well, it’s because I think a lot of people give out bad advice. Many people tell you things that are likely to keep you in debt. Sometimes that’s because it’s easier to be that way. Telling the truth about debt is painful, because it’s not easy to get out of.
Today I found the Getting Green blog. While I only just started reading it, I think they deal with some good issues and give some real advice:
Quite often young people are even told to borrow money that they don’t need to just so they can build a credit history. Is this the smart thing to do?
…
When all is said and done, it’s just not worth your while to actively try to improve your credit score by borrowing money and paying it off. Instead focus on building wealth and actually having some money, rather than what some company tells you is your credit worthiness is.
Now I skipped much of their entry there and you should go and read it. I glossed over much of the meat. But it’s the truth. Don’t get into debt to improve your credit score. What’s more important to you: having money in your pocket or your credit score? If you have your priorities in order, it’s how much money you have in your pocket that’s important to you.
_________________________________________
If you are looking to get out of credit card debt, you should subscribe to my newsletter. I paid off over $50,000 in credit card debt in exactly one year. I\\\\\\\’m now debt free. In my newsletter, you can learn how to pay off your credit card debt too.
Sign up today and I\\\\\\\’ll send you the special report everyone is talking about: 15 Secrets The Credit Card Companies Don\\\\\\\’t Want You to Know. You\\\\\\\’ll also get tips about how to pay off your debt, how to save money, and how to make more money.
Just provide your name and email address below:
_________________________________________
Technorati Tags:
credit card debt, consumer debt, eliminate debt, pay off credit card
