Tuesday, October 21, 2008

Drastic Financial Decision

I deposited money in the back the other say so I can pay our bills. This is now becoming a vicious cycle that I need to deal with every month. Isn’t it crazy how our economy is affecting the lives of many once happy-and-cozy-household-of-the-now-unsung-heroes-of-domestic-realm [a.k.a. housewives]? Our job description has dramatically evolved from simple tasks of raising kids to chores and utilities managers to overwhelming finance analysts to CEOs [constant exasperation officer] of the Deficit Budget Department.

Good thing I was able to convince Hubby to consolidate all our 3 credit cards and other bills into one so that it will be easier to manage them. Yes, debt consolidation is now the thing of the present. We were able to get credit counseling that gave us a clearer idea of where we are going to in terms of our financial situation. Now we are doing ok but not necessarily debt-free [at least not tomorrow].

I know there are lots of families who are in the same predicament. This is a serious matter but it is not hopeless. Bills.com is one company that can provide the necessary resources and options you need to avoid bankruptcy. They can help you understand how debt consolidation can work for your best interest. One benefit you can get from debt consolidation is that… you will not have problems of paying 2 or more different bills monthly because it lowers your monthly payment and more importantly… you are paying only one bill every month.

This is indeed a trying time for everyone. The economy is not getting better any day soon even after election. The next president [whoever he may be] will not solve the present economic problem on day one. So let’s get real. Instead of ranting and whining about the economy which obviously will not even help lower our debt, we might as well make a drastic decision on our own.

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