Philadelphia, PA (PRWEB) January 20, 2014
On January 17, Debt Consolidation USA published an article entitled “Survey Says: Consumers Focus On Better Credit Management In 2014.” The article is meant to provide consumers with the encouragement to help them pursue financial fitness for the new year. It is just in time because the beginning of the year is usually when consumers start making financial resolutions that hopefully, they can successfully complete.
In the article, Debt Consolidation USA claimed that debt is not the root cause of financial problems. It is the mismanagement of debt that puts consumers in trouble. The article provided 4 suggestions to help consumers display better credit management skills.
1. Have a plan to pay off debt. The article strongly encourages consumers to have a plan to pay off their credit obligations. This will make the whole endeavor more controlled with less chances of failing. The article mentions that lowering debt will help consumers free some of their income for more important expenses that will grow their wealth.
2. Be smarter when it comes to spending. The second suggestion from the article involves better spending choices. The bottom line is, if the purchase is not necessary, it may be better off put aside as savings.
3. Monitor the progress of the financial goals. Whether it is debt management or saving, the consumer is encouraged to track their progress to ensure that they are staying on track. Sometimes, circumstances require consumers to change tactics to achieve their goals faster.
4. Go slowly but surely. Lastly, Debt Consolidation USA instructs consumers to take things one step at a time. In most cases, debt payments can be a daunting task and setting up milestones can help make the load seem lighter.
These suggestions were made to help consumers find debt freedom through proper management of their money.
To read the whole article, click on this link: http://www.debtconsolidationusa.com/creditcarddebt/consumers-focus-on-better-credit-management-in-2014.html.
The article was inspired by the survey done by Wells Fargo last December 2013. According to the survey by Wells Fargo, Americans are determined to improve their credit management skills. Respondents of their survey revealed that they will be focusing on improving both their credit scores and their debts. They will be more concerned about their credit ranking and will plan their purchases to avoid debt.
Debt Consolidation USA urges consumers to practice better habits when it comes to both debts and money. This will help them improve their financial situation in 2014.
Debt Consolidation USA is a debt relief website that provides hundreds of articles about personal finance and debt related issues. Visit their website to find relevant information that will help keep financial mistakes at bay.