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    Categories: Lifestyle

Dealing with Post-Holiday Debt

"The most wonderful time of the year" has come to a close. Unfortunately, today’s economic reality is leaving some with not-so-wonderful feelings. Post-holiday bleakness may be precipitated by trees discarded at the curb, a few extra pounds on the scale, and for many, greetings replaced by credit card statements in mailboxes.

For everyone who spread the spirit by spoiling their loved ones, holiday debt is January’s unwelcome reality. A society focused on material possessions meets a season made for wishes and wants–where debt disaster often strikes.

 
December’s gratuitousness was indeed enjoyable, but the blissful ignorance of overspending must be accounted for today. Unfortunately, most of us are unaware of how much debt we carry, and in general how our spending compares to our income.

The new Web-based financial tool, DebtSpark (http://www.debtspark.com), offers a quick and easy snapshot of financial health. Based only on inputs of debt, expenses and income, people are granted an immediate understanding of financial health. Users weigh their stack of bills with current income to determine if the holiday cheer has left a trail of red or black. This simple and secure solution also charts and graphs progress over time, too.

Welcome in the New Year with a fresh outlook and a commitment to financial growth. DebtSpark is here to pick up where Kris Kringle left off. If you’d like more information about this Web site or to schedule an interview, please contact Kerri Reeves at kerri@groupgauge.com.

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