Financial Management – Tips on Budgeting
True financial freedom seems to be a mystery, as most people have not discovered it yet. Some think it’s not even possible. It is, and it’s possibly one of the easiest things to do, you just need the commitment. Four of the major things you need to do with your money are:
Make sure you have more then one source of income Read the rest of this entry
Credit Card Secrets – Personal Finance Help
In my previous post I discussed that there are many secrets that credit card companies don’t want you to know. There are plenty of options out there for you to pick from and many ways that you can avoid user fees and pay little to no interest on purchases. You as the customer have the choice to let your credit card work for you. Here are a few more exciting credit card secrets that will offer you a great deal of personal finance help.
Two-cycle Billing:
This is one other way that credit card companies will attempt to get more money from you and many people don’t even realize that two-cycle billing exists. In short, issuers will calculate an interest charge that is two months of interest if you were unable to pay off the balance in full. It seems like a nasty trick but you are borrowing their money after all. This problem only occurs if you switch from paying on time all of the time to carrying a monthly balance. The solution to rectify this problem is to switch to a new card issuer or ALWAYS pay your balance in full.
Fees Are Negotiable:
Credit Card Secrets - Personal Finance Help
There are many secrets that credit card companies don’t want you to know. There are ways that you can avoid user fees and pay little to no interest on purchases. You are a customer and each credit card company wants your business. Make them work for you. Here are a few great credit card secrets that will offer you a great deal of personal finance help.
1. Interest Backdating
Unfortunately many credit card companies charge you interest rates as high as 18% from the moment you make a purchase. Suddenly that cheeseburger you bought on the first day of the month for $4 has suddenly cost you $4.72 or 18% more. The more purchases you make with that credit card the more everything will end up costing.
