How to Avoid Bad Credit - Throw Away the Credit Card

Ask anyone who has a credit card what their number one fear is and they are likely to tell you… their greatest fear is ‘NOT’ having the credit card. I mean these are usually people who have a giant credit card debt with the interest piling up every month at a large percentage rate.

If you ask them whether they want to be free from this bondage, be able to live to a standard that doesn’t give them sleepless nights with repayment stress – they are likely to say YES PLEASE where do I sign. But if that journey began with them cutting up their prized possession – the card – you would literally hear them gag on their saliva.You see regardless of the x amount of pounds they owe, the FEAR of not having this piece of plastic and the access it gives to funds far outweighs the mountain of debt it represents.

I know this because I’ve been there. It’s that fear of ‘not having enough’ of ‘being ‘caught short’ of ‘ needing something’ that my card would buy and which puts fear in your heart. And that’s really what the system relies on. Money is handed out freely, the more you borrow, the more you spend. A vicious but highly lucrative venture (for the lender), but a surefire way of losing everything for the borrower.

The question is how do you beat this FEAR? I would love to say that there’s a support circle you could attend that would help you to go cold turkey, or a drug you can take to medicate your issues – but there isn’t – it’s a bit like ripping the plaster off a wound, in order for it to heal properly you have to rip the plaster off; you have to expose it to air and allow the natural process of regeneration to begin. Yes I know it hurts, yes I know it’s not comfortable – but hey what’s the alternative?… You keep spending money you don’t have; you keep waking up in a cold sweat; you panic at the sight of a demand letter and you almost pass out every time there’s a knock on the front door.

In order to start the healing process you have to rip the plaster off… you have to RIP THE PLASTIC UP. There’s a book I once read and the title has served me well on numerous occasions – Feel the Fear and do it Anyway. There has to come a time when YOU have to make the decision to ‘Feel the Fear and do it Anyway’ and move towards financial freedom.

WILL YOU make the decision today to give you and your family, the chance to develop the courage, will power and resilience to live a debt free life?.