Mastering Wealth Principles- DEALING WITH CREDIT CARD DEBT

Created on 2016-09-07 16:43

Published on 2016-09-12 20:08

So many people, from all walks of life have overused and even abused their credit cards.  According to 2016 data from the federal government, the average balance for a household is $16,048 and over 38% of all households carry credit card debt. Households with the lowest net worth carry a staggering average of $10,308 in credit card debt alone. When all is said and done, credit cards can have the most significant and most immediately negative effect on a person’s finances, credit history and credit score.  In fact, each month the way you use a credit card can significantly affect your overall credit history and credit score.  If you are trapped in J.O.B that forces you to use credit cards to enjoy your quality of life… these are the end-goal for most financial institutions and employers? Financial institutions want to keep us in debt and employers pay us just enough to “get-by”.

So get control of your spending. If you need to earn more, tap into your entrepreneurial spirit and build a business for yourself. If you earn just $500 extra a month you can pay down your debts quickly. Send us an email and we will provide a free 1-on-1 financial review and create a personal strategic plan to get control of your financial future. If you think about it, we have been programmed for generations to be “good employees”. False impressions of being a business owner are passed down generations, “it takes money to make money” we are told. When you attend one of our FREE Mastering Wealth Principle seminars you will be exposed to some of the secrets used by wealthy people to take control of their futures. Visit, ChaningMyFuture.com for inspiration.

Redefine what is considered a good job or career, because many times it is just a metaphor representing volunteer enslavement. After all, when a person’s livelihood is dependent on wages or a “SALARY” there is little difference between owning or merely “renting” a person.

We are no longer chasing the AmeriCan Dream, but now we are chasing the AmeriCAN”T dream!

Don’t be afraid to follow your mission, purpose and vision because in the end success is measured not by how much change you make but how much of a CHANGE you have made!

 

Remember, employers are not afraid employees are average at what they do, they count on us being and staying average…Their deepest fear is that we are powerful beyond measure and find a purpose that drives us to expand beyond the box they have placed us within! So use the time you have earning a pay check, to leverage it into a business that can replace the salary with a revenue stream that generates wealth and the freedom to live an awesome life… then teach others how to do