Business & Finance Debt

Debt Relief Government Grant - Why Grants May Be the Answer

Government grants may be the answer to that age old problem of over spending.
Over spending happens when an individual cannot control their spending habits.
The recent news that the government is in the business of debt relief government grant giving has those who are familiar with this practice gnashing at the teeth to become part of it.
Everyone would like the opportunity to receive some free cash and the only obligation for that cash is that they spend it on their debt.
That would naturally have to mean that they would have extra money to spend on other things that they would like to purchase.
With the debt relief government grant opportunity available to those who qualify it is not that hard to understand that many of those folks will be taking the government up on the offer and considering grants to be the answer.
The question has to be where is all this money coming from? Taking a look at how government operates will give a pretty good picture of the source of funding for this government giveaway program.
The first place to look is at a most recent pay check stub.
Of course, taking a look at those from years past could be examined as well.
Somewhere on the check stub is listed all the taxes that are withheld from the money that has been earned over a pay period.
These are called withholding taxes and include FICA, as well as federal income tax.
Government has no other resource for gathering money except from the taxpayer.
That would seem to indicate that the individual taxpayer is actually paying for debt relief government grants.
Ask yourself are grants the answer? With that in mind, it is not hard to understand that taxpayer money is being given out as assistance for debt relief to selected individuals.
If the government were able to gather funds on its own would not so disproportionate.
The fact is that relief government grant money is coming right out of the pockets of some folks that may be needed as much as those who are receiving it.
Considering all the implications of the above, it is wise, that any individual who is seeking debt relief government grant money take their time and mull over their choices thoroughly before making a decision that could affect so many of their fellow citizens.
Are grants the best answer? We live in a society today that honors conservative values and benevolent attitude.
It is important to bear in mind that the average citizen has just so much that they can spare, especially when it comes to their finances, so the Robin Hood mentality has its limits.

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