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FICO(tm) credit score is your most important number when it comes to
using debt and credit properly. What's yours? Find out how to get and
maintain the highest credit score possible.
Why You Should Be Concerned About Your Debt:
Why should you be concerned about your debt? North American consumers carry more debt today than at any
time history. This is important because debt
and other financial issues are noted as a leading cause for divorce and other family problems. What's worse is that the stress associated with this burden makes it not just a financial matter, but also a matter of health and social concern. The reality is that today's consumer is in trouble
financially and nearly all
available literature supports the notion that things are going to get
much worse before they get better.
In his book The Second Great Depression,
Warren Brussee states that the U.S. economy is headed for and may
already be in another great depression. He states that this one is
likely to be much bigger and more devastating than the one that began
in 1929. Think about that for a second. In the 1929 depression there was a stock market crash, massive bank failures, 25%+
unemployment, soup kitchens, etc. If the prediction is that another one is coming, and it could be worse, it's a scary thought to say the least. An economic meltdown of that proportion will have worldwide consequences.
At the Debt Free Project we hope the notion of another great depression spurs great debate about the economy and leads to more responsible practices by the world's banking institutions and governments. Determining whether or not we will enter into a new era of global economic depression is a job for economists, not us. Why do we point it out then?
Because of what
Mr. Brussee and others cite as the cause? Consumer debt!
So
the question begs, now that consumers (you) have so much debt and the economy
is unlikely to support that debt load, what can be done? After all, in most
families both parents are working their hardest to make ends meet. If
you are in a single parent household, you know it's even more difficult. There
is hope. At the Debt Free Project, we want you to know thatyou can
become debt free. Best of all you can do it on your existing income and
with little or no change to your current lifestyle, starting today. Put us to the
test. You'll be amazed at the results you'll get by using the
strategies we teach and the technologies we'll expose you to. Next Page... "What We Do at the Debt Free Project" Previous Page... "Welcome to the Debt Free Project" Or Skip To: