Persuasive Essay On Credit Card Debts

Improved Essays
When you are having a difficult time paying off your credit card debts, you would look for ways on how to make it easier. You may have encountered credit card relief programs before and this is just what you need to solve your problem. It may not be the easiest way out but it should be enough to help you.

The first thing you need to do is to have a look at your expenses to determine which ones you really need, and which ones you can live without. Making changes in your lifestyle is also something that is necessary but understandably difficult. This change will definitely contribute greatly to improving your income as well as reducing your expenses.

Options that you may have to consider is to put your house up for sale and transfer to a smaller one, or if you currently have a car payment, you can put your car for sale and just purchase a used one with paying cash. These are painful changes, but are necessary to help lessen your debt.
…show more content…
This fund enables you to manage your own cash flow wisely. By doing this, you can easily get enough money during emergency cases and urgent repairs needed at home. Usually, you should save at least one thousand to one thousand five hundred dollars in a

Related Documents

  • Improved Essays

    You have come to the conclusion that you need assistance with settlement of your payday loans. They have been stressing you out and you 've reached the point where you have had enough! Well there is assistance. While payday advance loans are very common in America today for various reasons such as they are easy to get and do not demand a credit check, they are not as effective and helpful as they first appear. They can very quickly become an undesirable obligation.…

    • 816 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Have you reached the limit of your credit card? Are you short of cash? Unfortunately, your credit company is not likely to make your credit limit higher and your local bank is not likely to grant you any money. Of course, you can try to turn to your family members or friends for help, but what can you do if they are not able or willing to help you out? Are there any options left for you or are you stuck for good?…

    • 646 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Break up with debt and start living a debt free life with easyfinancial! Just imagine a paycheck that is 100% yours. You can spend it that way you like. No tension, nothing is in your way that you should limit you from achieving your financial goals. You need not to be stressed about managing groceries, mortgages, utility bills, home security, vehicle security or medical treatments.…

    • 524 Words
    • 3 Pages
    Decent Essays
  • Great Essays

    A household bill consists of mortgage or rent, utilities, insurance, auto loans, and any other expense you are responsible for monthly. Then, you should create a budget to determine how much money per month you have to put towards paying off your debt. After your household bills are up-to-date, you should first pay off debts with high interest rates. Another choice if you have many high interest rate accounts is to consolidate your debt to pay off your balance quickly without accruing more interest charges. Lastly, you should pay off the accounts on your credit report with the lowest balance.…

    • 1479 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    Foreclosure these days seems to be the new epidemic. Many people wonder how I am ever going to be able to keep my home and pay my bills at the same time. Sometimes issues arise within the family and someone is out of work for a long period of time. Other times things that you once thought were a good idea are no longer an idea at all, unfortunately the decision has already been made and now you are in a crisis. Some ideas on how to avoid foreclosure would be to not live above your means, select the right health insurance and coverage, make a budget that allows all bills to get paid in a timely manner.…

    • 1048 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    After graduating high school deciding where to go for college, what to do with your life, and how to pay for college can be exasperating. Right now, about 44 million Americans have student loan debt. The average individual student will owe about one hundred thousand dollars for a bachelor’s degree; together, Americans owe 1.4 trillion dollars. Do you really want to add another hundred thousand to that? If you start saving now, apply for grants and scholarships, and even get a part time job, you can follow Dave Ramsey’s advice and graduate college debt free.…

    • 612 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Everyone struggles with student debt, but the key to paying it all back and not getting to in over your head with all the loans and debt is being smart with your money. When it comes to college make sure you know how much you can afford and what it too far out of the budget. In order to avoid huge loan debt as a student I will focus on colleges that are reasonable in price and not too far out of my price range but also offer my major. I will research schools and make sure they are a good fit before attending and paying money for a school where I’m not happy. I will look at colleges and see what scholarships are offered at each one.…

    • 617 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Student debt seems to be a growing problem. Not only for the students, but for the parents and schools. In a survey, 95 percent of parents said that college education is very important, 25 percent do not plan to help their child pay for their college, and 46 percent said their children should fund at least some of the cost of college. Students will see more of their debts forgiven than previously thought. More than $108 billion in student loans will be forgiven over the next 10 to 20 years.…

    • 312 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Student Loan Debt Crisis Specific Purpose: By the end of my speech, the audience should be persuaded to support student debt forgiveness programs. Thesis: Student Loan Debt is harming student’s financial stability and undermining their long-term life goals. Introduction: In fall 2014, I transferred to Harold Washington College after being out of school for two years. That same year student loan debt within the United States surpassed $1.1 trillion (Frizell) and some of that debt is my own.…

    • 633 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Essay On Student Debt

    • 1075 Words
    • 5 Pages

    Student loan debt has increasingly become an issue, not only for those who have acquired it and must deal with it, but also for the economy. To function normally in today’s society, pursuing a college education is a requirement for those who want a high paying job. With this decision, students also decide to take on large amounts of student loan debt and the long-term turmoil that it inevitably leads to. Student loan debt impacts students purchasing power which negatively impacts the economy. Over 42 million people owe $1.3 trillion in student loans (Rosato).…

    • 1075 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    This is a school of which I feel proud to be a part. I have had fantastic times here and have found myself growing intellectually, socially and emotionally in way in which I could never have predicted. Despite this, I am deeply troubled by the issue of student debt due to the cost of tuition, both within Wayne State University (WSU), and within the country as a whole. I feel that this is an issue, which affects almost every aspect of student life and taints the overall experience of college. I write to you in order to discuss this issue and to encourage the support of necessary changes in the ways in which our students relate to their loans and, as a result, their overall college experience.…

    • 1267 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    All around the globe, there have been debates on the price of College education. College is a very significant place for students to start their lives. College should be affordable and available for students that want to pursue in something. If officials choose to make college affordable, there will be an increase in lifetime salaries and more employment options. “Student loan debt was over one trillion dollars, and more than eight hundred fifty thousand students loans were in default” (college education).…

    • 1017 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    1. Difference between Off-the-Top Savings versus surplus savings: Off-the-top savings, money that is taken away from your paycheck before you have access to it. It looks like it was never even there and is put away into savings before you can touch it. Surplus savings, money that is left at the end of the month is put into a savings.…

    • 1137 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    However, it provides a comfortable repayment plan stretched over many years. Claiming that debt consolidation is ultimately good or bad is clearly biased. Nonetheless, the plan is not for everybody. Some people may be greatly relieved by a debt consolidation plan especially if your current income is not sufficient to pay up all the debts. A consolidation plan may be able to cut down the monthly installments to a figure that you can comfortably spend per month.…

    • 734 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Investment plans are one of the best ways that can help you save money in an easy and simple manner. Further, it becomes much easier to manage your investments when individuals are in the habit to save on a regular basis. It is, therefore, important to balance both your personal income and expenditure on a monthly basis before you can invest your money in a proper manner. Some steps, that you can follow to save money in a better manner,…

    • 791 Words
    • 4 Pages
    Improved Essays