America is the only country that has many citizens who deals with their debt. The condition is caused by the most American habit that always spends more money that they should spend. Most people have multiple credit cards and it makes them cannot control their spending. We can imagine how many percents of their salary that they must spend only to pay the credit card rate if a single card has a high interest rate. The debts become a heavy burden and it seems that they are working so hard only to cover the debt.

This debt problem is not only giving negative impact to the financial condition, but also emotional and physical health. With the burden, people can easily get stress and it may lead them to several diseases and makes them have to spend so much money. There is no more alternative then to pay all the debt and stop it from haunting our life. There are so many ways that we can use in order to release the debt burden and the basic thing that we must do is managing our debt.

With the good management and plan, we can pay off our debt in several months. Managing our finance, especially debt is not an easy thing, we need consistently and determination. To learn further about this subject, we can read an article entitled Managing-Your Debt So it Doesn’t Manage You.


  1. Anonymous // September 14, 2009 at 12:53 PM  

    Debts are things anyone wants to prevent!,.. thanks for this post man!

  2. Sweet // September 14, 2009 at 4:21 PM  

    hey thanks a lot for posting... this is valuable information. I actually bookmarked your site. Will tell my friends about it..