Start 2014 Debt Free: With These 2013 New Year’s Resolutions
A new year should mean a fresh start, and when it comes to our finances, no start can be completely fresh while being in debt. To make your New Year’s Resolution to be completely debt free by 2014 is therefore a very wise choice. Here are a few New Year’s Resolutions for the upcoming year that’ll help you be debt free by 2014.
A simple rule in life is that the harder and more you work, the more you will earn. Therefore, in order for you to pay back your debts you ought to either work more hours in your current job or take an additional job, if possible. Other options include asking for a payrise or going for a higher earning position.
Now in this current climate of high levels of unemployment, seeking more hours, a payrise or an additional job can be rather unrealistic. In fact, merely attaining one job is proving to be a bit of a struggle for many. However, working harder doesn’t simply mean working harder at one’s job, but also working harder to find a job in which to work hard in, in the first place!
You should make it a mini New Year’s Resolution to sell any unneeded or unused assets you own. Anything that isn’t entirely necessary for day-to-day living that can be sold for a sizeable amount of money and that will make a useful contribution to your debt repayments should be sold.
Websites such as Amazon and Ebay are great for selling items and should be utilised.
Improve Financial Literacy
Another key New Year’s Resolution you should take it upon yourself to apply is to improve your financial literacy. So many people struggle with money management not because they’re irresponsible with finances but because they are not fully aware of the ins and outs of how the British financial system works.
In Canada, November 2012 was labelled Financial Literacy Month, throughout which daily tutorials and tips were provided online in regards to money management and the different financial clauses and laws that are currently active in Canada and around the world relevant to Canadians.
You should take it upon yourself to make 2013 your personal Financial Literacy Year and learn the ins and outs of the British financial system. From information on tax refunds with RIFT to capital allowances details available on the HMRC website, such knowledge is there online for you to take advantage of.
Another New Year’s Resolution that will help you become debt free by the start of 2014, is to actively apply the art of budgeting to your daily expenses.
Make a list of all your financial obligations and payments. This will be from rent and food to gas, clothing, entertainment and utilities. You can then more effectively work out how much you can realistically set aside for debt repayment and how much you will need to be earning and saving to be debt free by 2014.
Get a Consolidation Loan
Get a consolidation loan if you are experiencing financial problems. This can help you bring to life new projects. Or can provide you the tools to finish old ones. We provide fixed rate consolidation loans. The criterion according to which we decide who gets the loans is the data provided by the loan consolidation calculator.
What does a consolidation loan do?
If you want to finish with all your debts, rest assured. You have nothing else to do, but get a consolidation loan. This way you get to reduce monthly outgoings. This is done by using the debt consolidation program or the consolidation loan calculator which is a tool that calculates how much you can save monthly if you get a consolidation loan.
Get a consolidation loan and improve credit rating
The fixed rate debt consolidation loans offered by this company present a multitude of advantages. Besides the obvious fixed rates, which bring safety knowing that at the end of the month the amount to be paid is the one you know, there also are other things. We also provide the possibility to improve credit rating, to reduce monthly payments and o pay a lower rate of interest.
The specialists we have working for us are able to provide all the information you may need. Contact us right now. Do so by completing the contact form or by sending us an e-mail. We will reply as soon as possible. If you want to get a consolidation loan, you are now in the right place.