Many cures for your debt are advertised on the Internet, television and radio. Home equity loans, debt consolidation programs, professional services and sometimes even bankruptcy is offered as a way to cure your debt. The problem is that none of these are cures for your debt; they are merely short-term methods of handling your existing debt. Even if you won the lottery and paid off all your debt tomorrow, you could very easily go out and get yourself in more debt. Before long, despite your windfall, you could be back in the state of feeling like you need a debt cure. The reason would be you hadn't ever truly cured your debt in the first place. That's because the only debt cure that will work permanently for you is changing how you think about money and debt.
If you want to be debt free, you have to be able to see and feel yourself as being debt free. You have to believe it's possible. This thinking and feeling will lead you to act in ways that: reduce your existing debt and secure your future by putting compound interest to work for you instead of against you. Overspending and using debt in the first place is a habit. Breaking a habit and building a new habit in its place is a mental game. Studies have shown that a habit can be broken in as little as 21 consecutive days of applying your willpower towards performing a new desired activity in the place of an old, bad habit you want discarded. You have to make up your mind that you want to cure your bad debt habits, and then you must feel passionately and positively about being financially prosperous to have the motivation to stick to your new goal. The cure for your debt lies within your own mind. You may use a program or method from someone else to help you handle your existing debt at an accelerated rate, but without curing your real debt problem (your thinking,) you run the very likely risk of perpetuating your debt rather than eliminating it.
So, go ahead and review the many tools and options for taking care of your current debt. Pick the best ones that feel right for you that suit your unique circumstances. Hire a professional financial advisor if you think that's what you need. But, beyond that, understand that there is only one debt cure that will work for you permanently: changing the way you think, feel and act regarding debt.
