Saturday, August 19, 2006

Debt in later life

Debt can be a daunting experience at any time in life but debt later in life is a nightmare experience to have to deal with.

When you are in your forties and have to contend with debt problems, you can very easily get back to a financial status which is at the very least, acceptable. In your fifties it is a different matter and can be very depressing trying to find a job yet constantly being rejected. Being sixty and broke is a position nobody would ever want to be in.

It has now become knowledge through recent reports that people in their later life have more debt than ever and in some cases, credit card debts alone exceeding more than £100K.

Finding extra income later in life can be very difficult and even though there are many stories about what you can earn on the internet, they don't tell you how long it takes to learn how to do it actually make that money.

There are many ideas in the eBook on how you can generate more income, most of which are irrelevant of age.

Debts Challenge

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