Self improvement tips and tactics that will direct you towards personal growth and self development. Also advice on personal budgeting, goal setting and ways towords achievement and success.
Friday, September 11, 2009
Getting Out Of Debts – Tips On How To Reduce Liabilities
The first step is to outline all the debts that you have and indicate their interest rates. In cases where it is possible, try to negotiate for the interest to be stopped and get a flexible payment plan. Most lenders are glad to hear that you are making an effort to pay what you owe and may agree to a payment plan but if your lender does not agree to soften the terms, at least you tried to bargain.
It is also important to set a time-frame in which you intend to offset the debts considering the available funds that can be directed towards this worthy cause. Start by paying the debts with the highest and compounded interest as these can counter your effort if left to run for long.
If you have some household or office items that are not very useful but can be sold to raise money, sell these items to offset part of your debts. Barter trade can also be explored in that the person you owe agrees to cancel the debt upon receiving a valuable item that you own.
Remember to keep good records of all payments and agreements so that there is no possibility of double payments. It will also be motivating to see the progress made to free yourself of the burden of debts.
Well managed debts help to increase our self worth and credibility so everyone should strive at borrowing wisely and paying promptly.
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Achievement - Power And Ability Of A Positive Mind
Attitude is a person’s frame of mind. It is the mindset that a person has that helps him to develop a world view. Attitude is expressed by how we respond to issues. One person once said, “Life is not what happens to you but how you respond to issues”. Two individuals may encounter a similar negative situation but how they will each respond will determine the outcome.
One of the main attitudes we need to embrace is cultivating a positive mindset or attitude. As you read through history you encounter ordinary individuals who did extra ordinary things. Moses in the Bible was known to stammer in his speech but he became the deliverer. Abraham Lincoln on the other hand educated himself; he had no formal education but became the most acclaimed president in the history of the United States.
Mother Teresa, a simple nun in Calcutta also became an icon through her acts of mercy and philanthropy. The list could go on and on. What characterized these people was a positive mindset, they all believed in possibilities and they responded decisively for the good of humanity.
Regardless of your present status and condition, you can accomplish anything with positive thinking. There is power that is released through positive thinking and once it is released, it will always work for you. Positive thinking acts to enhance your abilities and virtues. Nothing is impossible to him that believes.
1. The 11 Forgotten Laws: # If you want to quickly find answers to your most pressing life decisions, this is a guaranteed way to get them and get them fast. # Upward Bound Thinking: the quickest, easiest way to unleash a positive whirlwind that will rapidly attract a flurry of positive coincidences. (Law of Thinking) The Biggest Launch In The Personal Development Market. Click Here!
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