2010 — Back to the Future?

By David R. Clarke, President, Miracle Debt Solutions

If you read the economic history books, there’s not much fondness for the 1930s. This was the decade of the Great Depression, where unemployment was well over 20% for much of the time. It’s also when food lines literally stretched miles long, as many American citizens could not afford to even eat. Our economy had never seen such economic peril, and the prevailing conditions of the decade shook the very core of our great nation. All of us can only hope that our country never sees such hard times like this again.

Now, by the title of this article, you might assume that I’m going to equate the coming decade with the 1930s. Well, this kind of fear-inspired parable is not my intention. What I do want to do here, however, is to tell you that thinking about those rough times can be inspiring, particularly if we look at the good that came out of it. You see, the sheer resilience and perseverance of those who survived the Great Depression helped to usher in some of the best economic times our country has ever known.

Fast forward past the war years and into the 1950s. The average family had much more wealth than it did in the 1930s, but when it comes to luxury items, the average American family in the 1950s had little when compared to today. What they did have was an abundance of time for family, a proper perspective on material goods, and most importantly — minimal or no debt.

Today, many of those luxury items have been purchased with debt. In fact, the average household carries more than $8,000 in credit card balances! How much debt do you think the average family carried in the 1950s? I can’t tell you, because the number wasn’t even measured due to its insignificance.

One of the goals of my company, Miracle Debt Solutions, is to help people go back to the future. I want my clients to have the kind of priorities and debt levels that most Americans had in the 1950s. I also want them to have the resilience and fortitude to prevail — whatever the economic circumstances are, the same way the citizens of the 1930s did.

At Miracle Debt Solutions, we offer a number of programs that help people get out of debt once and for all. We can lower your credit card rates down to 0% – 4.99%, and we can work with you to significantly lower your current monthly payments, and possibly get you a loan-balance modification. My goal is nothing short of helping people free themselves from burdensome debt.

In 2010, and in the decade ahead, I hope that many of us learn from the past and set our priorities anew. Let’s take control over our personal and financial situations once and for all. Let’s spend our time and treasure on family, friends and faith, rather than debt and materialism that we cannot afford — and that won’t even yield us the happiness and fulfillment we so desire.

Please contact me at 877.332.8650 for a free, confidential, no obligation consultation today. I can also be reached at dave.clarke@miracledebt.com or via my Web site at www.miracledebt.com.

Here’s to a debt-free decade!