Cut up your credit cards
The best thing you can do for yourself if you struggle with debt is to completely cut up your credit cards. Don’t hide them in a drawer or promise yourself that you will never use them again. Cut them up! Destroy them! Don’t ever let yourself be able to even touch them.
I know you need [...]
Can’t get a loan?
With the credit crunch, it’s hard to get a loan these days. Banks are getting really strict on who they give loans to. This can be an issue if you are trying to get a loan for a house or a car. Here’s a few ways to help get a much needed loan:
House Loan
Home loans [...]
How To Get Out Of Debt - A Beginner’s Guide - Part 6
So let’s recap really quick. We are tracking where are money is going. We are spending much less than we earn. We have proven control over money by giving it away, and we are paying ourselves. Hopefully we are on the right track. Now let’s start paying off debt.
Part 6 - Debt Snowball
If you’ve never [...]
Using Credit Card Cashback Awards
FreeMoneyFinance has posted several stories about using credit cards to get cash-back rewards. The idea is that you spend money on either Amex Blue Cash or Chase Cash Freedom and as long as you pay your bill on time, you end up making money at the end of the year. People have reported between $500-$900 [...]
How To Get Out Of Debt - A Beginner’s Guide - Part 2
In part 1 of this series, we focused on getting your mind control over your finances. We practiced controlling our impulses when we wanted to purchase something. That was all fairly abstract. Now let’s get down to the nitty gritty.
Part 2 - Create a budget
Nobody likes to read this part of a basic “get out [...]
How To Get Out Of Debt - A Beginners Guide - Part 1
This is one of those “requirement” posts when it comes to a blog about personal finance. Obviously, everyone wants to be financially free. The first step to being financially free is being debt free. It’s very possible to be completely debt free no matter what your age or income level. It just takes the will-power [...]