How to Become Debt Free

How to Become Debt FreeDue to steadily rising costs of living and the increase in financial commitments many people experiencing money problems. Often along with money problems there may also be worries about keeping employment due to downsizing and big layoffs. Some people have large outstanding debts and the financial burden is so great that they do not see a way out.

If you are worried abut your financial situation and you would like to debt relief take heart.

With the Law of Attraction you can learn and understand that you can make your own life. You are not helpless and you do not have to wait for external forces to make changes in your life.

You now can learn that the Law of Attraction will bring everything into existence what we are attracting knowingly or unknowingly. If you have financial difficulties and debts you are responsible for it. This maybe difficult for you to see right now but it is true.

The exact opposite will also be true if you are attracting money and a life free of debts to you.

You may wonder of how you could do this. Maybe you have already seen the secret DVD or you have read about it. You may be wondering how you can attract what you want into your own life. Well here are a few tips that may help you along those lines to become debt free using the Law of Attraction:

Take some time first to read up on the Law of Attraction and how it will work.

Think about the information that you are reading about.

Check out some books about famous and rich people. Read up on their live stories.

Change the way you think about money at this point in your life. The way you are thinking about money has brought you to where you are right now. Check out some books like “Think and Grow Rich by Napoleon Hill or Success Stories by Robert T. Kiyosaki to just mention a few. Reading these kinds of books will help you to focus on money in a different way. You will soon have the right mindset when it comes to money. Take a look at your former spending habits and try to avoid making the same mistakes.

When using the Law of Attraction you should meditate daily as this will greatly enhance your progress in the endeavor to take full control of your financial future.

Meditation will help you to know yourself better and it will train you to listen to your inner being. It also will help you to understand more about what it is that you are thinking even on a subconscious level. It will also give connect you to source energy. Avoid living the “treadmill live” like so many people. Make mediation a priority instead and take out the time that you need to meditate.

Debt Is a Sickness in America

Debt Is a Sickness in AmericaThe #1 sickness in America concerning finances right now is debt. Debt is a product in our culture and it is vigorously aimed at you and me everyday, everywhere. As a society, we borrow more money than the last two generations times two and your online credit report reflects these habits! Some companies like Sears make more profit from their credit department than from all the physical products they sell.

But It’s the Norm Isn’t It?

We are programmed from childhood to make automatic decisions regarding our personal spending habits thus negatively affecting our online credit report. A few 'real world' examples are listed below:

leasing a car instead of paying for it in cash (unheard of right?)

90 days same as cash (NOT... really the same in more than 75% of the cases)

rent-to-own (translation = paying 2, 3, 4 times the actual value of the product)

30 year vs. 15 year mortgages (an accepted lengthy and very costly way of purchasing a house)

What to do? Well, I hate to give the obvious answer here but how about debt consolidation or saving money! Try saving money in a money market account for a couple years and then paying for a slightly used car in cash or with a 50 to 75% down payment. Wow, imagine having that extra money every month that most people dump into their lease or high rate loan. Try saving money for 3-6 months interest and risk free for that thing that you needed and you might find that you can get it cheaper with hundreds OR even that you want to use your hard-earned money for something more practical. Your credit report will thank you as well.

Penny Pinching is Boring

Most people today think that to be frugal one must live out of a shack and only make purchases when they are on clearance (or if it’s life or death). Well they’re only half right. Have you heard the expression "It’s the little things that count"? This holds very true when dealing with financial decisions. While large purchases definitely have great effect on one’s online credit report as well as their overall situation, it is often the everyday spending habits that accumulate and hold them back from attaining wealth of any sort. What many people fail to realize is that the majority of true millionaires in America (those with net worths exceeding 1 million dollars) got rich from thinking outside the box and not following the crowd. Try thinking a little more about how you handle your money and you might find that you know more than you think you do.

Summing Up the Debt Sickness Fiasco

A decision as simple as using a debit credit card instead of a credit card shows discipline. Report that paying with cash instead of credit shows that you have properly budgeted your money and it just feels better to own something the day you walk away with it. Your credit report will also reflect these positive actions. Since the average consumer has little control over their own spending habits, the credit report picks up the slack and in turn there are more negative items to show for it. Even statistics show that using cash when making purchases will greatly reduce spending thus causing you to think harder as a consumer before swiping that credit card. Get off to a good start by seeing what is on your online credit report. By removing negative items from your online credit report you can improve your credit rating.

These are just simple tips that will help you to become successful in becoming debt free and in changing your financial situation with the Law of Attraction.