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A Debt Community for Women

May 25, 2008
People in America today owe 25 trillion dollars of debt according to Good House Keeping magazine. It seems as though many of our lives are touched by debt in one way or another.

Getting out of debt can be a major challenge. One of the things that will help anyone get out of debt is having support. If you are a woman there is an online group called "Women Red Racers", they support each other in getting out of debt.

"Women Red Racers" have been together since 2006. They support one another in getting out debt.

Since "Women Red Racer's" started theyhave paid off 1.6 million. This accomplishment has been made by only 1,000 women.

What is so amazing about this group is that they support each till they reach their debt free goal. Every woman who has joined this group has learned new ways to pay offer her debt.

All the women in the group must figure out exactly how much they are in debt. All the women in the group is forced to be honest about her situation. Also, the women are to check in with the group weekly to share her progress.

They are to be honest when they fail to meet their goals and encourages one another to get back on the right path! The members in the group have paid off an average of $3800. One woman helped her husband pay of $10,000.00 of debt last year.

The women in this group pay their debts two to three times a month. That is why every woman should report weekly to receive encouragement in paying off debt that often.

The women in this group throws all their credit cards away. They will only kepp one for emergency situations.

Every time someone in the group reaches her goal she is rewarded a smiley face on the forum. The group may seem competitive, but its not. They work to help each other.

When one member falls behind in her goals they all come to the rescue to help her get on track, to join today go to moneycentral.msn.com/community/mesaage/board.asp
About the Author
Alia Jae is a professional expert in product and personal reviews of all sorts. If you are searching for the truth on consumer products and services Alia Jae delivers that to you. To read her free reports go to product reviews
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