Peace of Mind, financial-wise
December 15, 2009
One of the major things that bothers people and take out their peace of mind is when they are caught in that big debt hole. I used to have credit card problems and I tell you how hard it is to take your mind off it. While having coffee today at Barnes&Nobles, I chanced upon this video which tackles practical tips to get out of Credit Card Debt. Here they are:
- Spend less than we earn.
- Distinguish bad debt from good debt.
- Retain Credit Card/s with Lower Interest Rate.
- Pay the Overall Monthly Minimum.
- Order the credit card bills from highest interest rate to lowest interest rate charge.
- Ask the Credit Card Company for a reduction in the Interest Rate.
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