Tag Archives: budgeting

The Disadvantages Of Credit Cards

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Credit cards can really be your savior in particular on occasions that you don’t have enough cash inside your pockets to buy an item that is badly required. It can give you the possibility of shopping for a range of items, supplies, services and properties without having to pay for them at once. On the other hand the disadvantages of credit cards can go ignored in the short run, but in the long run it’ll catch up with you. Disadvantages of Obtaining A Bank Credit Continue reading →

How to Pay Off Debt With No Extra Money

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So how to pay off debt with no extra money? Well, one of the most important ways to learn how to manage your debt is to learn how to cut down on your spending. This allows you to free up extra money that you can then use for other uses, such as paying down your debt as well as emergency expenses so that you do not find yourself in a situation where you need to incur additional debt. This means that it is important to Continue reading →

Credit Card vs Debit Card
You’ve heard the phrase about a million times right before you swipe your card through those Point of Sale (POS) terminal at the grocery or department store. (By the way, why the crap can’t those things all work the same way? I have to guess the order of operation at each retailer. Do I swipe then press credit? Do I tell the clerk what I’m using first? Do I press cancel to use credit? You have two choices in this situation. (1) Ask the clerk, Continue reading →
Are Credit Card Companies Really Charging 83.3% Interest?
Everyone pays attention to the interest rate when shopping around for credit cards, but Finance Charge policies are rarely glanced at. Are credit card company’s are really charging you 83.3% interest? The normal credit card APR ranges from 12%-29%. When a customer receives a $1000 loan from a bank, the bank in turn has the legal right to charge interest on the rate you borrowed the loan. If, for example, the interest rate were a fixed 10%, cost of borrowing the original $1000 would be at Continue reading →
Understanding A Debt Consolidation Loan
The facts for a debt consolidation loan Unfortunately, many people wait far later than they should to consolidate their debt and manage it. One of the main reasons for this is that some people perceive debt consolidation to be negative when in reality it actually provides a number of advantages. Like any other important financial decision; however, you should fully understand the advantages and disadvantages of consolidating your debt. First, understand that the process of consolidating your debt involves obtaining one loan to pay off Continue reading →
Credit Card Approval Criteria & Best Use of Credit Cards
Credit Cards are small plastic cards that can give you financial flexibility. There are different types of credit cards that are issued by financial companies. Examples of these are business credit cards, student credit cards, and secured credit cards, among others. But before somebody gets approved for a card, a series of background check is performed first. And all credit card companies, including those providing online credit cards, use them. Credit Card Approval Criteria Used in Issuing a Credit Card Creditworthiness. Creditworthiness corresponds to a Continue reading →
Basic Tax Diversification
When investors talk about diversification, they’re typically referring to diversification. But there’s another kind of diversification. It’s called tax diversification and you might be practicing it without knowing it. Tax diversification is the idea that you should have investments subject to each of the various tax treatments. The idea applies not only to U.S. citizens, but those of other countries as well. There are three types of tax treatments for our purposes – tax-deferred, tax-free, and taxable. The three account types Tax-deferred. Tax-deferred accounts are Continue reading →

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Tag Archives: budgeting

The Disadvantages Of Credit Cards

How to Pay Off Debt With No Extra Money

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