Debt is but a tool to get ahead in life.
Some of us have learned to use debt wisely, but some use debt to get ahead of themselves and then it is very difficult to manage. It doesn’t help to ignore your debt or run away. You need to learn to manage debt and use it to your advantage properly.
Here at Brainydebt we help you manage your debt if you get stuck. Mostly you will know about us through a retailer, micro lender or bank you owe money to…and whom you have failed to pay on time.
We work with these companies and help them to collect their debt, but we work entirely different to all other debt collectors. Here at Brainydebt we are here to help you get out of debt. We teach you how to get ahead of your debt with small regular payments, with a payment plan that suits your pocket. We also teach you tips and tricks and guide you along the way.
All this helps you and the company you owe money to!
Here are some of the benefits of working with us:
- Feel good about yourself when getting to grips with your debt
- Get your debt paid off faster
- Learn about good and bad debt
- Support when you need it most in life
To get started, here are ten tips to manage your debt life better!
- Make a list of all money you owe
- Ensure you don’t use debt to buy nice to haves…and this includes clothes and furniture
- Eliminate credit card debt (if you have a credit card)
- Ensure you pay everyone you owe money to every month, even if it is a small amount
- Make payments regularly and on time
- Use 20% of your income to pay off debt. You will feel so much better about it
- Use 20% of your income to save
- Beware of pension plans – are you sure they will be worth something when you are old?
- Don’t borrow money to pay off old debt.
- Can you really afford that fancy sofa or pair of shoes? If you manage your money well you’ll be able to afford much more in a few years. It’s worth the wait!