I helped my handyman get in debt for a motorcycle that is worth 1 year of his salary. Was it wise?
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If you use credit cards, you know that when you sign up for one, you’re not just signing up for a financial account. You’re signing up for a relationship between you and the lender (company) that offers your credit card. That being said, the unfortunate reality is that relationships don’t always work out. As a matter of fact, a good amount of financial relationships simply don’t work.
When you’ve got a lot of debt, it could feel like there’s no viable way out. The truth is, the world just started to recover from a devastating financial recession a couple of years ago. So if you’re in this position, you’re not alone. Many hard working consumers were laid off from work. Tons of people, struggling to make ends
Read more at http://www.saveonmoney.org/2014/02/simple-ways-to-get-out-of-debt.html#C...
Credit card issuers wouldn't offer such a screaming deal if there wasn't something in it for them. Here are six of the "hidden" dangers associated with balance transfer offers.
We all know the feeling of packing a suitcase for a holiday and agonising over what to take. It can be a frustrating experience, can’t it?
Are those fluorescent yellow Bermuda shorts going to be a hit on the beach, will you really use your hair straighteners over there and is all of that sun cream really necessary for a week? These are some of the classic questions we all ask ourselves before a holiday but what about the money issue?
The old approach of taking a mixture of cash and traveller’s cheques is no longer the best idea for many people. With most of us now owning at least one credit card it is now worth considering what the benefits are to taking one of these cards away on holiday.
Credit cards make us paranoid at times. We typically associate negative connotations to these plastic cards: never ending monthly payments, compounding interest, and a lifetime of debt among others. There are also perks and benefits credit cards offer, however, that can make
Read more at http://www.saveonmoney.org/2014/02/4-hidden-credit-card-perks-and-benefi...
For many people the term ‘credit card’ has become quite scary as we have been convinced that all debt is bad. For a group of people though – known as churners – credit cards are actually a bit of a money spinner as they maximize the rewards available on some credit cards to their advantage, paying off the balance in full at the end of every month to avoid the interest but enjoying all of the not so hard earned rewards. Some people even spend on the cards, take the rewards on offer and then cancel the cards before you have to pay any of the fees on those cards.