Be Prepared When You Apply For A Credit Card

Be Prepared When You Apply For A Credit Card

This image is taken from Memorials of St. Giles's, Durham [electronic resource] : being grassmen's accounts and other parish records, together with documents relating to the hospitals of Kepier and St. Mary Magdalene
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Getting and having a credit card can be a beneficial thing for most people. You will have a big advantage when you have a credit card. A credit card can be especially useful when you want to purchase items remotely. Think how much easier it is to make purchases online, and reserve plane fare or hotel rooms over the phone when you have a credit card. It can also come in handy when you just don’t happen to have cash when you decide to make a purchase. However, there is a flip side to having a credit card! A credit card can cause several problems if you don’t watch your spending habits closely. When you get and use a credit card, you should recognize that you have taken on a big responsibility with some very serious consequences. Following the simple tips below can keep you out of trouble when using your credit card and allow you to enjoy all benefits:

1. A charge on your credit card is the same as taking out a mini loaf! Keep track and make sure you don’t overcharges on your credit card, as you have to be able to pay back all whatever amount you have borrowed.

2. Watch the balance on your credit card and keep a record of the balance from month to month. Keeping track of what you have already spent will help you make the decision of whether you … Read More

Wonderful Tips To Follow For Your Personal Finances

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From credit cards to retirement plans, knowing how to manage your money wisely is a critical life skill. From the time you get your first job and start earning a paycheck, personal financial management becomes a way of providing yourself with both current and future needs. The following article gives you a host of advice and information on the best ways to spend, save and invest your hard-earned money, no matter the size of your check.

Make sure you qualify for a Chapter 7 bankruptcy before you waste money on a consultation. Under the 2005 bankruptcy reforms, only people who make less than the median income for their state can file for Chapter 7 protection. If you happen to make more than that, you can still set up a Chapter 13 repayment plan.

From a personal finance point of view, it is better to buy your car used. A new car depreciates immediately upon leaving the lot. If you buy used, someone else has already paid for that depreciation. Used cars can often be found with low mileage, and in great condition. Just shop around to be sure you’re getting the best deal.

Plan your spending or others will plan it for you. Know your limits. Personal finance software will help you keep track. Research large purchases. In a store, have a clear goal and avoid browsing. Know exactly what you want and what it costs before you enter a car dealership. When buying a home, buy the … Read More