You have probably heard time and again how important it is to come up with a set of financial goals. There are short-term goals, mid-term ones, and also goals to help you reach retirement; each set of goals can help you during a different phase of your life, so it’s crucial that you create a plan to achieve the goals you set forth to reach. However, if you are stuck in the vicious cycle of debt, even those short-term goals can feel out of reach. Many people find themselves caught in an endless cycle of missed payments and steadily increasing interest rates that make it feel impossible to put aside even the smallest amount of money. If you are struggling with debt and having trouble making even the minimum payments on your credit cards, then there are options to get you back on track. Companies in the Freedom Financial Network offer a variety of solutions that could help you become free of your credit card debt, the first step in moving towards a future in which you can achieve your financial goals.
Credit Card Debt and Your Goals
Building an emergency savings fund and paying off your credit cards should be your top priorities when setting short-term goals. However, high amounts of credit card debt can often hinder your motivation to set these goals because you don’t see a way out from under it. Even if you make the minimum payments each month, with high-interest rates it can take years to finally pay them off, especially if you owe more than $10,000. And how can you save money in an emergency fund if you can’t even keep up with your credit card payments?
Many people feel discouraged at this point and sometimes even give up. Fortunately, Freedom Debt Relief, a member of the Freedom Financial Network, has a program designed to help you resolve your credit card debt for less so that you can successfully work towards your financial goals. Freedom Debt Relief has already helped countless consumers create and achieve tangible goals toward their financial future, beginning with paying off high-interest credit card accounts. If you’ve made a financial mistake in the past that has grown out of control, Freedom Debt Relief may be able to help you take back control of your finances.
The Freedom Financial Network of Companies
The Freedom Financial Network operates multiple companies with a unified mission to provide financial solutions, service, and education to people so that they can reduce their debt, build wealth, and achieve the financial freedom that they deserve.
Every debt situation is different, and so Freedom Financial has a variety of programs to help address its customers’ needs. The Freedom Debt Relief program has experienced debt professionals who will negotiate with your creditors to resolve your debt quickly and for less than what you owe.
Another company in the Freedom Financial Network, FreedomPlus, unsecured personal loans to help you reach a financial goal quickly. This program offers a same-day loan decision. And, if approved, you will have the money in your bank account within 48 hours. The company also offers an invitation-only Consolidation Plus program for debt consolidation loans.
It is Possible to Reach Your Goals
Credit card debt is burdensome, and when you are trying to eliminate it, the process may feel overwhelming. If only you could tell your younger self that you didn’t really need all those things that you charged, but unfortunately you can’t. If you are feeling stressed, overwhelmed, or frustrated, you’re not alone- there are solutions that can help you get back on track to a healthy financial future.
You can still set short, mid, and even long-term goals – and you can reach them! If you have a lot of debt, it may take some sacrifices. And it may be a good idea to utilize the expertise of a financial advisor or debt consultant. But with careful work and planning, you can devise a strategy to alleviate the credit card debt so that you can begin building wealth.