Reasons To Choose Just One Credit Card
Most people find that they need a credit card. It’s a sad thing that it’s sometimes seen as more valuable than cash. This scenario applies to reservations and security deposits more than anything and when you spend with a credit card, you have to be careful to factor in the interest you are going to [...]
Communicate With Your Partner About Debt
Whether you’re the one in control or the one in the dark of the finances in your relationship, you’re not doing yourself any favours by being one or the other. Both people in the relationship need to know what’s happening with money. Why?
• If only one person is controlling the finances, the other is likely to [...]
Reasons To Avoid Store Credit Cards
Store credit cards are a negative debt. Not only can they only be used in one type of store but also they most often carry the highest interest rate around. Store credit cards can be very alluring, especially at the holidays.
There’s a nice lady at the front of the store offering you a free gift [...]
Make A Budget And Stick To It
The best way to take control of your finances is to make a budget. Not only do you need to write down everything but you need to make a plan to tackle your debt and reduce your spending. There are four major factors in budgeting:
• Fixed Expenses
• Variable Expenses
• Debt Reduction
• Savings
Track your fixed expenses so you know precisely [...]