• The Corliss Online Group Financial Magazine: How to avoid financial ruin

    Community

    Ndr_432_

    Consumers Can Avoid Financial Ruin, National Debt Relief Provide Tips On How To Do It

    National Debt Relief publishes an article on their website to reveal 8 tips that will help consumers avoid financial ruin.

    Philadelphia, PA ( PRWEB ) January 31, 2014

    National Debt Relief is intent on helping consumers avoid financial ruin. On January 28, the leading debt relief company published an article titled "8 Ways You Can Remove Financial Ruin From Your Future." This article discussed various tips that will save consumers from another financial crisis.

    The article discussed how financial security still eludes a lot of consumers. Because of this, the article provided these 8 tips to serve as a guideline for the readers.

    1. Do not rely on future paycheck. The article claimed that this mindset got consumers into so much debt.

    2. Keep bills organized and make timely payments. National Debt Relief believe that one of the reasons why the consumer is in debt is because they lacked proper organization. If the consumer can keep their finances organized, they should be able to keep track of their debts and avoid late payments.

    3. Limit credit card accounts. The article believe that the less credit cards, the less temptation there will be to spend beyond the consumer’s means. It also minimizes the need to manage the card accounts.

    4. Avoid overdraft charges. Another tip is to avoid overdrafts. The consumer must be aware of their financial transactions to keep themselves from unnecessary charges and penalties.

    5. Discuss financial matters with spouse/partner. National Debt Relief encouraged consumers to be open about their personal finances with their partners. This will keep them from ruining relationships because of money problems.

    6. Prepare for retirement. The article advised consumers to secure their retirement money and keep it from being spent - even if it is paying for debt.

    7. Do not use home equity. As much as possible, the consumer is advised by the article to keep themselves from touching the equity of their home to pay for debt.

    8. Increase savings. Lastly, National Debt Relief asked consumers to grow their savings to keep them from the need to take in debt when the unexpected happens.

    The article urged consumers to keep themselves from financial ruin by concentrating on financial security. This can be done by having adequate emergency fund.

    National Debt Relief have been helping thousands of debt ridden consumers through debt settlement. The company is given an "A" rating by the Better Business Bureau and is a member of the International Association of Professional Debt Arbitrators (IAPDA), the American Fair Credit Council (AFCC) and the US Chamber of Commerce.

Leave a Response

Fields marked * are required


No file selected (must be a .jpg, .png or .gif image file)


Once published, you will have 15 minutes to edit this response.

Cancel