Don’t fall into the debt trap!
7th January 2014
If you’re already in debt, you’ll know that it can cause you a whole host of headaches and problems, as well as endless sleepless nights. Worrying about repayments, credit scores and whether you can afford everyday essentials is no fun for anyone, and is something that should be avoided as much as possible.
As stopping yourself from getting into debt is a lot easier than getting out of it once you’re in, the best way to avoid financial troubles is to face the problem head on and before it’s had chance to take hold.
Here at We Want Your Motorbike, we look at ways to avoid falling into the debt trap.
Avoiding debt
For most of us, avoiding debt completely isn’t an option. Mortgages, credit cards and overdrafts all play their part in our finances by offering much needed relief when times are tough.
The key however, is to avoid unnecessary debt: the sort of loans that people take out to pay for holidays, new clothes or even new cars.
If you can’t save up the money you need for these purchases, the best way to avoid debt and still get the things that you want is to sell unwanted items and recoup the cash that you spent. If you’ve got an old motorbike gathering dust in the garage, that’s where our services can help.
Selling your motorbike with us at We Want Your Motorbike
Here at We Want Your Motorbike, we buy any sort of bike from the smallest scooter to the biggest-engine bike. Bikes are collected for free from anywhere in the UK and the money will usually be with you within 24 hours.
This means that you can have the cash you need in your pocket almost straight away, preventing the need to take out an unnecessary loan and get yourself into debt.
Plus, as We Want Your Motorbike is a well-respected and established company, you can be confident that you’re getting the best deal around.
Staying debt free
Once you’ve sold your bike and freed up some much needed funds, the key is to stay debt free.
If you’re already in debt, use the money from the sale of your bike to pay off your most urgent loans or credit cards. If you have any cash left over, pop it in a savings account ready for the next time you need to make an expensive purchase.
If you’re not in debt, the money from the sale of your bike should help you to stay that way, providing you with the extra funds that you need while helping to keep your finances firmly in the black.
Using the sale of unwanted items like a motorbike, car or anything else you’ve got lying around the house or the garage is the perfect way to stay debt free. Plus, with all that room you’ve managed to clear, you might well have the space for a nice shinny new bike as well as the money to pay for it.