Credit Card Debt is pervasive in Western society. We Americans accumulate more credit card debt than our Eastern society brethren at a rate of over 10 to 1. In general, many of us consume with very little thought of the item’s ”utility,” a fancy word that measures the items ability to satisfy our needs and wants.
Flip on television and the siren’s song of stuff calls to us constantly. Home Shopping Television tries to get us to buy everything from steak knives that can cut through metal cans to gold-plated coins that have no real numismatic value, yet “look really cool.” Every time we purchase one of those trinkets our credit card debt goes up a bit.
Drip Drip Drip
We fill up our credit card debt “bucket” one drop at a time, emptying a little along the way, but for the most part the slow steady drip, drip, drip continues relentlessly until one day the bucket is filled with debt and our home is filled with trinkets, most of which have give us very little “utility” for the money we had spent.
The articles contained inside 101MoneyTalk.com will discuss much when it comes to credit card debt:
- A real understanding of how we accumulated all this credit card debt
- A real plan to eliminate all this credit card debt
- Good credit card debt and bad credit card debt – how to tell the difference
- Credit card debt and college
- Credit card debt and interest rates
- How to deal with credit card debt when you are nose high in other bills
- Analyzing debt consolidation programs – do they help or hurt your credit card debt
- Historical facts about the quality of life before credit cards
- Credit card debt support groups
- The right type of credit cards to help reduce the chance of getting into credit card debt in the future
Getting into debt usually does not happen over night and getting out is the same. With a little work and determination you can beat the credit card debt monster once and for all.
There are many organizations that provide good information about credit card debt management. For more information check out the following links: In Charge Debt Solutions, Credit.org, and Credit Card Debt Relief