I went on a bit of a rant today on a drive to meet my accountant. I’ve lost count of people I’ve met that think the activity of just paying the minimum monthly payment on their credit cards is accomplishing something. Even worse are the folks that make random payments only when they can afford it by…
Whether you’ve had some credit card debt in the past, or are new to the credit card game a pre-paid card can be a great way to enhance your credit card skills, or stop dangerous spending. With most of the great benefits of a credit card, and a definite spending cap, financial success could be…
Do you have issues with personal debt? Well, you are definitely not alone. Average personal debt in Canada is on the rise – going up five percent over the past three months than the same period last year. This was reported by CBC at the beginning of this month. Canadians are spending more, and letting…
Ok – welcome to your summer! This year is going to be different when it comes to your credit cards. If you’re anything like me, sometimes you need a little kick in the rear end to get motivated with savings and debt reduction. Consider this that kick! Here are 4 great rules for credit card…
An important part of overcoming debt, is knowing what you’re up against. It’s easy to shut your eyes and ignore the bills that are piling up – but that’s just not going to help you get out of debt. That’s only going to add more interest to the pile. While it might hurt initially, here…
There are several companies who advertise that they can help you with your credit card debt, unfortunately some of them are a total scam and will take your money without doing any work. I’m talking about “debt management”. I’ve heard too many people tell us they have responded to an ad promising debt management help…
Probably not. Here’s the thing, lawyers are not cheap. Trust me, I know, I’ve used them many times. They are very good for handling legal matters like fighting over an outcome in court that you rightfully need to win. But that’s about it. But if you have credit card debt, and you legitimately owe it,…
There are literally hundreds of articles on the Internet that talk about how easy it is to settle your debt for pennies on the dollar. The truth is pretty much anything can be done yourself if you have enough know how, time and resources. To be successful at something as tough as debt settlement you…
