Lyle Advisors are here every step of the way for what may come your way.
Getting married, buying a house, or having a baby?
These things always make you start to question your finances for the future.
Big expenses tend to make you do that, unfortunately, most people today get themselves in a financial pickle before those things take place.
Personal finance is so much more than making sure you have the money in the account to pay bills.
It is also budgeting for the future, learning about the interest rates on credit cards, and knowing your debt to income ratio.
In today’s society it is so easy to get caught up in what it is expected and in trend to have.
What your house needs to look like or what type of car you drive all matter in peoples’ eyes.
Due to the influence of others, people are buying things they really can’t afford at the end of the day.
The mortgage is too high and the car payment sends them over the limit of their income; leaving them to use credit cards to buy everything else they need or want.
Leading them to a life with high-interest rate credit card debt, and trust me which is hard to get out of.
It becomes an endless cycle of paying on the credit card and then using the credit you just paid on.
Continuing with the cycle, you feel like you have no other choice but to continue getting more credit if possible, in order to get by in life.
The eye-catching posters in stores promising you low-interest rates and store financing make it seem like it will be easy to pay off and get what you want now without having to wait.
What we don’t read most of the time is the fine print at the bottom of the poster.
Letting you know that you only have a certain time frame to get it paid off or high interest begins.
Again, making it near impossible to pay off unless you have a copious amount of money to throw at it.
Your life becomes a never-ending paycheck to paycheck type of life.
Due to all of this, you soon realize you now have an abundant amount of credit cards and they all are maxed out.
Something else to think about, you are young having just enough money to pay bills, get groceries and gas.
Year after year goes by and you haven’t set up a retirement fund nor savings on top of that.
You never thought about it when you couldn’t work anymore.
The retirement age has approached and you realize that you cannot retire due to insufficient funds coming in versus going out.
Thankfully, Lyle Advisors can help you both with high-interest rate credit cards so you can begin to think about personal finance for the future.
Having help from a business like Lyle Advisors can help jump-start you into the right direction in tackling your debt.
Making financial freedom a reality for you.