This presentation explains that if you'e having a problem with debt and credit that it's not a financial issue but a personal problem. It reveals why debt is just a sign of a bigger problem, why it;s important to have realistic expectations abou your debt and 5 tips for debt reduction. Learn more at http://www.nationaldebtrelief.com or call 1-888-703-4948

1. Helpful Financial Information from National Debt Relief …
Debt Is Not A
Financial Problem But
A Personal One
If you're typical you probably
hate being in debt. But here you
are stuck in debt again. It seems
like you just pulled yourself out
of debt a few months ago and
here you are back in debt again.
How in the world did this happen
and so quickly? And what could
you do to solve this problem
permanently so that you are
never in debt again? (Continued)
Brought To You By:

2. Helpful Financial Information from National Debt Relief …
The first step
The first step in getting permanently out of debt is to define the source of the
problem. While you may believe that the reason you're in debt is a financial problem
it's not. It's actually a personal problem that you just think of as a financial one. This
is why you're never able to permanently stay out of debt. In fact, treating debt as if it
were a financial problem is about the same as trying to cure a cold by blowing your
nose. You might be relieving a bothersome symptom but you're not addressing the
underlying cause.
A much larger problem
To put this another way, if you're constantly falling into debt this is just a symptom
of a much larger problem, which is that you’re addicted to an unsupportable lifestyle
and self image and are spending more than you earn. If you are unwilling to address
this root problem, the symptom will recur and you will be back in debt again.
Your personal life habits and attitudes are your debt's real cause because this results
in overspending. So, the answer is simple. You must spend less than you earn. There
is just no way around this. Unfortunately, this answer is about the same as telling an
overweight person that they need to eat less and
exercise more. You probably already know this is
what you need to do. The tough part is actually
getting it done.
Slaying the monster that is debt
We understand that you want to get out of debt
as quickly as possible but if you choose a
superficial financial solution you just may end up
as a repeat offender. For example, you could use debt consolidation, transfer all your
debts to a 0% interest balance transfer card or take out a homeowner's equity line of
credit and pay off those debts. Or you could sell your house, your car or your boat.
However, this does not address the root cause of your problem. You are trying to
relieve the symptoms of your problem by looking only at financial issues.
What's causing your debt?
You need to identify the ways that you spend more than you earn and then change
these habits. This may mean tracking your spending for three or four weeks and then
dividing it into categories so you can see exactly where your money is going. This will

3. Helpful Financial Information from National Debt Relief …
help you identify leaks or those areas where you’re spending too much. You need to
plug all of those areas so that you will never go into debt again. This is not a very sexy
solution but it will permanently solve the problem.
One day at a time
If you truly want to stay out of debt you must keep plugging those leaks until you are
spending less than you earn. It may take you months or even years to do this. But
that's okay. The important thing is to not become overwhelmed. You might start by
picking just one habit that produces debt and causes overspending and then correct
it. When you've done this, pick another of those bad spending habits and go to work
on it. Keep rinsing and repeating until you’ve completely stopped overspending. You
will need to be persistent but if you are you will reach your goal.
Have realistic expectations
Understand that this is not a quick solution and that you need to set realistic
expectations. What this is about is long-term financial management using permanent
habits that will convert your debt into wealth. If you can learn to spend less than you
earn, your debt issues should vanish forever. And that is a very good thing.
Tips for debt reduction
It's also important that while you're changing those overspending habits you are also
working to eliminate your debts. Here are five steps that could help.
1. Evaluate your debts
Print out all of your credit reports and get all of your other financial statements so
that you can see just where you stand. This can be scary but it’s critical. Take a piece
of notepaper or a spreadsheet and put down your balances, interest rates and the
monthly amounts due on each of your debts. Don't forget your personal loans, credit
cards, auto loans and any other debts. Be sure to also write down the annual fees you
pay on those credit cards.
2. Determine what you can pay
Once you have all this information you need to determine how much you could pay
on your debts. Add up all of your monthly earnings after taxes and then subtract your
mortgage payment or rent from that amount. Next, subtract your other fixed

4. Helpful Financial Information from National Debt Relief …
monthly expenses such as payments on student loans, utilities, groceries and
insurance. This will tell you what you have left to pay on your debts.
3. Create a plan
You now know your exact financial situation. So the next step is to make a plan for
eliminating those debts. The way you do this is to subtract your monthly expenses
and minimum debt payments from your monthly after-tax income. Use whatever
money you have left over pay off the debt that has the highest interest rate and the
highest balance. Continue to do this every month until you pay off the debt. Then
start working on your debt that has the next highest balance/interest rate. This is the
quickest way to reduce your debts. Make sure you do not charge anything on your
credit cards during this time and be sure to make at least the minimum monthly
payments on all your other debts. Try to also increase how much you pay on that
debt with the highest interest/balance every month.
4. Contact your lenders
Step four in reducing your debt is to contact your lenders to see if you could get
better terms. For example, you might be able to lower your interest rates or even get
a reduced settlement on some of your debts. Most financial experts say that it's
easiest to negotiate debts that have already been charged off by the creditor or are
already in collection
5. Be sure to follow through
Do your best to meet your repayment goals every month. It's not bad if the amount
you put towards your target debt varies from month to month. Just try to put as
much as possible consistently towards your debts. One good way to do this is to sign
up for automatic payments.
Be sure to celebrate your success when you reach a major milestone. Do this and
before you know it your debts will be a thing of the past.
Don’t forget to pay yourself
It's important that while you're paying off your debts and changing your spending
habits that you don't forget to pay yourself by putting money into savings. You need
to have an emergency savings account so that when, and not if, you run into a
financial emergency you will have the money to cover it. Otherwise, you'll just be
back in to debt again.

5. Helpful Financial Information from National Debt Relief …
Does this sound familiar?
You are tired of worrying about money…
You are losing sleep due to mounting credit card
debt…
You are fighting with your partner about the
bills…
You are living paycheck to paycheck…
You are falling behind on your debts…
You are losing hope…
It’s time to talk with National Debt Relief!
Call Toll Free 1-888-703-4948 Now!
Or Go To http://NationalDebtRelief.com