Freezing Plastic Debt: Turn Your Credit Card from Foe to Friend

How to freeze the Plastic Debt Dragon in Your Wallet

How can I stop my credit card debt from growing and start building wealth?

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Are you scared to open your wallet knowing there is a fire snorting dragon lurking in there? You don't need to be afraid of your credit card, you can make it your friend. Here is a plan to choke the dragon and replace it with a friendly furry critter so you can start creating wealth in your life.

Credit Card debt. Freeze the fire breathing dragon in your wallet and start living.

Are your credit cards growing and multiplying like rabbits in your wallet? Whilst they may grow like rabbits they breathe fire and bite like a dragon.

Credit card debt growing? One card becomes two, two become three and three become four.

First you had a card with $3000 debt limit and now you have $30,000 debt limit and you are asking what happened?

Crazy thing apart from the first one which you thought you needed, I bet you never asked for another one, they were given to you!

Steps to stop this madness.

Debt Stressed?

If you're struggling to pay your debts and covering living expenses, we're here to help. Through our national panel of Debt Management specialists, we can help customers with $10k or more in debt by consolidating your existing loans, stopping Debt collectors from contacting you and re-negotiating repayments on your terms!

... start your free debt analysis ...

The best way to start slaying the dragon is to look at what you are spending in a day, a week and a month.

We can spend thousands a month and not see anything for it and worst still you don't even see yourself doing it. I once asked a person why they did what they did, the response flawed me:

"I don't know I just do what I do. It's like a habit"!

What I started to realize that this was me, this caused me to look at everything and ask: am I on auto pilot in this situation?

Do I need it or do I just think I need it?
Am I being lazy or is there a better option?
Is this good for me?
Is this just advertising I am reacting to?
Is this just peer pressure that I am doing this?

The answers shocked me!

I can't tell you what an impact it had on me and my lifestyle. I looked at everything differently.

Stop now and quietly think why you are living the away you do?

Are credit cards helping you to live the way you want to live or are they just breathing fire onto and reinforcing a habit thats not very helpful and causing you pain?

If you are honest to yourself you may well understand something very important about your day.

You are on auto-pilot for most of it and you automatically do things that you have stopped needing. You are only doing it because its a habit. Sit down and work out what you spend a week on this type of expenditure. It will amaze you.

Now put 75% of what your auto pilot expenditure into a wallet or purse and start paying cash for everything during the week..

And remind yourself daily:

When it s gone, its gone
No more till next week.

If you are not inclined to take on the dragon here is another way!

A simpler and quicker method is to consolidate your debt into a lower rate of interest loan. Either personal loan or a mortgage.

What you are doing is taking the dragons out of the purse and wallet and putting in a friendly little critter to replace them.The debt card. Consolidate the debt. Find a finance or mortgage broker who will help you through the process.

Published: Monday, 23rd Aug 2021
Author: 150

Truck Loans Articles

Maximizing Your Fleet Potential: How Truck Financing Shapes Success

Trucks play a pivotal role in the Australian logistics and transport industry, serving as the lifeblood that keeps commerce flowing. The dependable rumble of engines crisscrossing the nation's highways is more than just a symbol of industry; it's a critical component of productivity and economic stability. Without these workhorses facilitating the timely movement of goods, the Australian market would face significant challenges meeting the demands of both businesses and consumers alike. - read more

Essential Document Checklist for Truck Loan Approval: What You Need to Know

Getting the right truck loan can be essential for business owners who rely on commercial vehicles. These loans cover a variety of commercial vehicle types and are crucial for ensuring your business operations run smoothly. Truck loans, specifically, provide the necessary finances to purchase trucks, which are indispensable in industries like logistics and delivery services across Australia. - read more

Understanding Your Options: A Guide to Commercial Vehicle Loans in Australia

If you're running a business in Australia, choosing the right commercial vehicle loan can be pivotal to your success. Whether you're a small business owner needing a delivery van or a large company expanding your fleet, understanding your financing options is crucial. - read more

How to Get a Truck Loan with Less-Than-Perfect Credit

Securing finance for any significant purchase can be a challenge, especially when it comes to acquiring a truck for business purposes. Coupled with a less-than-perfect credit score, this task can seem daunting for many Australians. The ripple effects of financial constraints can impede business operations, affecting the lifeline of commercial ventures that rely on transportation. - read more

Why a Pre-Approval Can Give You an Advantage When Buying a Truck

When purchasing a truck, whether for personal use or business, navigating the financial landscape can be daunting. This is where pre-approval comes into play. But what exactly does pre-approval mean in the context of buying a truck? - read more

Finance News