Christy Asks “Why Should I Even Bother With Getting Out of Debt?”

Christy wrote me at GetOutofDebt.org and asked me the following question.

“I’ve been in debt so long I don’t even see why I should bother to get out of debt. It’s the American way. You get stuff, make payments and get more stuff. I think I’ll just stop worrying about getting out of debt.”

Christy,

You are right, the cornerstone of every capitalistic society is based on consumption. That’s why we are called consumers. Everything runs smoothly for the masses when everyone is buying stuff. You see that creates jobs, wages, spending, and the cycle continues.

Right after the attack on the Twin Towers in New York, President Bush even came on television to encourage people to get back to shopping to help keep things going. Shopping and spending, it could be argued, is the average persons greatest contribution to society.

Most people will always have some amount of debt. Debt is not just credit card obligations, but also mortgage payments, car payments, and all sorts of other future obligations which we pay on.

With the cost of home these days it is unusual for someone not to have a mortgage, at least. So in that respect, most people will always be in debt and always making payments.

Some of the most common reasons people want to get out of debt are:

Freedom
Less Stress
Stress Free
To Have Money
Save For Retirement
Peace of Mind
Better Credit Reports
Credit Rating
Less Worry
More Ability to Give to Charity
Good Credit Score
Be Able to Retire
More Financial Freedom
No Debt Collector Calls
Fewer Monthly Bills
Happiness
So You Can Sleep
No More Guilty Feelings
So You Can Spend

Worry about debt is not uncommon or unusual. Huge swathes of people are fretting and chewing nails about their debt right now, and today, couples will do more than that. Fights will break out about debt, people will get killed over debt, people will kill themselves over debt, a child will be bruised, someone will be robbed, and all this under the umbrella of being in debt.

Debt like many other things in life, in moderation and under control, is not bad. But if you find yourself in a situation where the amount of debt that you have is keeping you from accomplishing the goals in your life, then we’ve got a problem.

Big hug.

Steve

September 10, 2008 | Filed Under Ask The Get Out of Debt Expert | 1 Comment

How You Can Get Out of Debt Fast Without Filing Bankruptcy

So there’s this guy, Scott, who has developed an ultimate guide to getting out of debt. Sure, I’m as skeptical as the next guy but after looking over the information I was left with a problem, it looked pretty good.

His information page actually contains a bunch of information that you don’t normally see which led me to believe that he at least knew what he was talking about.

Now the rest of the information Scott promises to share with you, take a look for yourself and see if you’re willing to get under the voer and see what you can learn.

Here is what he promises:

Here’s just a small taste of what you’ll learn in this powerful new course…

How you can ELIMINATE 90% of your unsecured debt without making another payment whatsoever!

How a simple one page letter can get you out of debt completely, improve your credit, or cut your monthly payments in half… INSTANTLY!

A brand new “stealthy secret” way you can actually file for bankruptcy and keep it out of your credit report… FOREVER!

Why 75% of all debt management, debt consolidation and credit counseling cases end up in bankruptcy anyway. And what you can do to reverse this trend.

The most important and toughest decision you must make when deciding on a debt relief option and how to make it intelligently and morally (so you’ll never have to second guess yourself later!)

Why all debts are not created equal. And which debts you should pay first and why.

How to clean up your credit report almost instantly! Learn how to rid your file of all past credit problems, including late payments, collections, and charge-offs — all while improving your credit score.

Top 10 reasons you shouldn’t pay off your credit card debt. These techniques may be considered controversial by some and therefore not recommended for everyone. But they could be just the thing you need to fix your situation.

The only legitimate way to have ALL your debts cleared while maintaining a good credit rating.

How and where you can obtain a low cost loan you can use for any purpose (like debt reduction) without any credit check or income verification at all.

How (if necessary) you can survive with BAD CREDIT! This simple secret shows you how to lessen the negative effect your current credit rating has on your life and immediately make it more acceptable to every lender you come into contact with.

How to get the government to pay your bills and debt for you.

The single most important thing you must do! then Wham!… your entire debt disappears almost instantly. (And you never have to worry about the debt anymore. Once you know this simple secret you will immediately take all the “money stress” out of your life once and for all.)

How to get out of debt years earlier than normal while saving thousands of dollars in interest all without increasing your monthly payments by one cent. Simple action plan provided.

Here’s several simple ways you can lower your monthly bills and save yourself a bunch of money — up to $700 or more each month.

How credit card companies think and work… a few simple secrets that will show you how to trick and confuse them so they leave you alone — and even forget about you forever! Result: Debt GONE, almost overnight.

A proven method for paying off any debt for as little as 5 cents on the dollar! This is a method virtually anyone can use. And you can use it over and over again… and never damage your credit doing it.

How to DEMAND that the credit bureaus re-establish your credit rating to the exact level it was before you considered bankruptcy or before you began missing payments.

Why Debt Consolidation is one of the worst options you can take and why its even considered worse than a straight bankruptcy when taking care of your debt!

So if you’ve got a minute, take a peek at the information Scott has and decide for yourself if you want to read more. It’s up to you but remember, often unconventional information contains facts not found from the mainstream sources.