Debt Consolidation

Debt Consolidation

Debt consolidation……does it work?  I would equate debt consolidation to taking the weight loss pill, or that strange diet where all you eat is cabbage.  You know those crazy approaches all of us have tried at some time - did they work?  Most likely they did not.  One of the systems that works is eating right and exercising.   You can keep this up for a lifetime, and thus keep the weight off.

It is the same for debt.  If it goes away in one stroke of a pen, we have not learned the new behaviours or attitudes required to maintain a lifestyle of no debt.  We will gain it all back in the long run.

If you’re freaking out right now wondering how you are going to continue to pay the bills and the debt, it is time to make some changes to your spending patterns.  Look at some of the previous blogs for some tips.  If the wolf is at the door, you may need to consolidate.  Remember, for long term success; work with someone to change your spending patterns.

If you want some assistance to make the changes required, contact Susan at smkbusinessservies@live.ca