That is right 70%. That, my friends, is a pretty scary number.
When you live from paycheck to paycheck you are living a lie. You have spent your freedom. Until you get out of debt or even attempt to get out of debt you will not be free. There will be rifts in your family because of tension, lack of sleep, and denial of your situation. The average person worries more about money than anything else in their life. More that even their children and their personal relationship with their spouse, which is probably suffering because of the bills.
I have seen this problem coming for over a year or more and that is why I wrote Simply Fantastic: Living Better On Less. It’s a great book to help you take hold of your lifestyle, get out of debt, and be in control.
It’s not a bestseller yet, but then getting your finances in order is not a subject that most people want to face. The book is not one that you would normally pick up and say, “Oh goody, I want to read a book on how to stop spending.” No, you are more likely to pick up a book that will help you escape the reality of your lifestyle.
We live in a celebrity culture. We want the house and the car. We want it to look like those in the magazine. I laugh when they show a $1,000 dollar outfit and then have a picture of a similar outfit for $100. That is great if you have $100 to spare, but a lot of people don’t.
The USA is now over 13 trillion dollars in debt and your debt is on top of that. The total debt, public and private, in America is staggering. All this debt is seriously damaging us and our county’s future. We need to get out of debt and do it now! This society needs to reduce consumer spending dramatically.
There are 3 questions that will tell if you are spending more than you earn:
1. Can you pay your credit card balances at the end of each month?
2. Are money issues straining your marriage?
3 Are you living paycheck to paycheck?
Ask yourself these questions. If the answer is ‘yes’ then you need to take a look at your life. You need to make some changes while you can.
I have made many suggestions in my book as to where you can start getting yourself out of debt.
First you must do your home work.
1. Do the figures. Work out exactly to the cent how much you owe. Do not leave anything out.
2. Track your spending. Start paying down your debt.
3. Learn to play the credit card game. Renegotiate your interest rate where you can. Get rid of the store credit cards they are the worst and almost impossible to renegotiate and their interest rates are usually very very high.
4. Stop spending. Ask yourself those questions that are in my book before you spend a cent. I do it all the time and I am not in debt.
I know there are a lot of people living in denial and they will scoff at this, if they’ve even read this far, but if you can’t pay your bills, please don’t scoff or blow off my advice. Take this advice seriously because the reality of it will come home to roost one day.
You must have the deep desire to get out of debt before you make the change. Debt really is like an addiction, one this country has been guilty of overdosing on for many years.
Please don’t wait till it is too late.
There are many good books in the stores and online to help you get through the debt demise and my book makes it easy and reminds you of the simple things that you can cut back on and make a huge difference in a year. It’s not just a boring financial book either. Reviews say:
…the book is light hearted, easy to read, pleasant and true to her personality and desire to help people save money and live better on less. Lesley provides the readers with her unique international personal experience, creative ideas and clever websites to pursue each subject in depth. It is a great book to read and give as a gift. ~S. Morgenroth
Much peace of mind comes when you actually have money left over when the week is out. Simply Fantastic: Living Better on Less is a guide for readers to cut their costs and have a better life in spite of penny pinching. With countless tips and guides to researching more, Lesley Voth gives advice on what to change in one’s life to lead to a better life on many levels. Simply Fantastic is strongly recommended for those in tough financial times. ~Midwest Book Review