Who Doesn't Need A Bail-Out? Let's Get Out of Debt in the New Year

It goes without saying that 2008 was a year that many of us, from Wall Street to Main Street America and around the world, would like to put behind us. With the New Year 2009 fast approaching, now is the time to make a resolution to get out of debt... and do what it takes to change spending habits and make a plan and family budget that lasts over the long term. Our family has cut back on spending on unnecessary luxuries... London and Maddie help out with clipping coupons and watching for sales at our local supermarkets and retailers. We're also "living off of inventory" by using what we have. I only partially joked about re-wrapping last year's unused Christmas gifts... when Rex received a free replacement for a broken wrist watch in early December, I intercepted the FedEx man and wrapped that Breitling knockoff up and stashed it under the tree. The personal effects of having too much debt can make things challenging at home, at work, and with your credit rating and ability to get a good rate on financing significant purchases like a car or home. IVA offers services that can help you to get a handle on debt, so join me in making a resolution to reduce our debt in the New Year.

Good luck and best wishes for a happy, healthy, debt-free New Year!