Monday, February 18, 2008

Debt Reduction - Take Control of Your Money

Here are some amazing statistics. Hopefully you do not fall into any of these categories. Debt reduction is surely needed.
With just $300 a month in extra income, 90% of all bankruptcies could be prevented.
Most Americans are maxed out on their credit cards. Out of control spending is at an all time high:
In 1990, household credit card debt averaged $3000.
In 2003, household credit card debt averaged $9,200 (up 207%).
In 2004, 51 million households carried credit card debt, at an average of
$12,000 (up another 30%).

Keep reading tomorrow for more about debt reduction.

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David Wells has taught people like you and me how to establish a debt reduction system that is useful in any kind of economical situation. To learn some wealth building strategies and money making secrets go here. www.themoneymotivator.com You can sign up for your FREE newsletter.




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