After the Turkey: More Things to be Thankful For

day after thanksgivingNow that the turkey and all the fixings have been cooked and you’re ready to dig in with your friends and family, don’t forget that you have a lot to be thankful for this year. In addition to good health and other blessings your family may have received, don’t forget to give thanks for your upcoming financial independence. While passing the cranberry sauce and gravy, thank yourself for taking control of your credit card debt.

You have a plan while many others don’t. You are working with a debt settlement professional to take charge of your debt problems. You’re placing money in an F.D.I.C. insured special purpose savings account that is being used to negotiate favorable settlements on your outstanding accounts, and you’re beginning to think there is life after debt.

You are on track to becoming debt free while others don’t even know if it’s possible. The finish line is in sight. Soon your credit score will be on the rise, and you will be able to use your new money management skills to put money away for that new home or car.

Your children have a brighter future now too. With your debt settled, you can begin saving for that big trip to Disneyworld, or set up a structured savings account to prepare for college tuition expenses.

So take the time this year to thank yourself for making the decision to manage your debt problems. The grass truly is greener on the other side of debt, in fact, the peas and broccoli look a little greener too…

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This article is for informational and educational purposes only.  It is not intended to provide legal, tax or financial analysis.  Please consult your attorney, accountant or tax advisor if you have legal, financial planning, or tax-related questions.