06 Dec 09 4 Step to Getting Credit Card Monkey off Your Back

Introduction

If on one hand, credit card has made our life easy then on the other hand, clubbed with our carelessness and procrastination, it has made life more difficult for us. Like any other tool, credit card can cut both ways, and it depends on you, how you want to use it and to cut what. If you are reading this article then either you are in the mess, or you want to stay clear of the mess. The tips I am going to share here will help you keep the monkey off your back.

Step 1: Know your dues

Bring all the credit card statements along with a calculator, a piece of paper, and pen. Calculate the total amount that you owe to your credit card companies. Make a note of it, and keep it handy.

Step2: Budget

Every financial action should begin by making a proper budget. Make a monthly budget and include the amount you can conveniently pay against the dues in the budget. If you already have a monthly budget then make adjustment to it to include the amount you wish to pay monthly against your credit card dues.

Step 3: Stop spending

If on one hand you make small payments every month to clear the dues, and on the other hand, you keep on adding to it by shopping using your credit card then you are never going to bid adieu to this monkey. You need to stop swiping your card for the time being, until the dues are not settled.

Step 4: Pay as much as you can

I am big fan of having a healthy savings and investment, but I do not preach this when you have to clear credit card dues. It is financial foolishness because the interest you receive on your saving is way too low in comparison to the interest and fine you have to pay on the accumulated dues. And did I talk about the serious blow it gives to your credit rating?

A closing thought

Start saving and investing as soon as you get this bloody monkey off your back, but for the time being, stay away from it and concentrate on paying the dues.

Tags: Bid, Blow, Calculator, Carelessness, Credit Card Companies, Credit Card Statements, Credit Rating, Foolishness, Monkey, Monthly Budget, Paper And Pen, Piece Of Paper, Procrastination, Shopping, Step 3, Tool

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31 Oct 09 Joe Wonders, Should He Quit His Job Part – 3

In this series, we are analyzing, if Joe should quit his job today or not. In Part 1, we talked about the questions he asked about his current job, and in Part 2 we talked about the questions he should ask about his financial condition. In this part, we will examine Joe’s attitude. We will ask Joe to undergo self-evaluation process before he can bid adieu to his current job. This is more important than anything else to succeed in business.

Can Joe do it?

This is the first question he needs to ask himself and others before he quits his current job. He needs to find out if he has what it takes to become a business owner. If Joe has no experience of running a business then he should know that running a business is entirely different from doing a 9-5 job. He needs to answer following questions to figure out, if he has what it takes to run a business.

Can he work long hours? Contrary to what people believe, Joe will have to work long hours for his own business then he will do in any job.
Can Joe decide for himself? Joe needs to have a sound decision making ability in order to operate on his own. There will be time when the situation will be very demanding, and Joe will need to decide even in the absence of key information. Can he do that?
Does he have the skills required to run a business?
Does he need any training?
Can Joe take calculated risk? Every decision of business expansion or product development involves risk of failure. Does Joe have the heart to take this risk?
How much self disciplined Joe is? Joe needs to be self disciplined, if he wants to successfully run a business?
Can Joe confidently market his business? Marketing skills is must for Joe, if he wants to start up on his own.

Can Joe handle failure?

Tags: Absence, Attitude, Bid, Business Expansion, Business Marketing, Business Owner, Business Skills, Business Training, Business Work, Current, Heart, Job Find, Marketing Skills, Own Business, People, Risk Of Failure, Running A Business, Self Evaluation, Sound Decision

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27 May 09 Easy Tips To Increase Your Home’s Value

In a time where the housing market hasn’t exactly been stellar for some time now, increasing the value of your property is more important than ever, especially if you’re thinking about selling anytime soon. There are a ridiculous amount of options that you can employ as well in your bid to increase your property’s value, most of them not costing you very much at all out of pocket. One of the chief ways is simply in the appearance of your house. The more visually appealing, the higher the value of your property.

You want to make sure your home looks nice, so put a fresh coat of paint on the outside, brightening up the color and giving the house a ‘brand new’ feel and look. That’s fantastic for a start. Also make sure your lawn is always well maintained, and you want to have as many healthy well tended plants as possible, as these can really add up to help your property’s value. Things like hedges, and flowers enhance the look and feel of the place, and anything that enhances the look and feel in positive ways is going to increase the value of your home.

Sure more things on your lawn to care for means more work, but hey, it’s healthy and is worthwhile in the long run!

You also want to be sure to keep up on any small home repairs, like any issues with your rain gutters, patching roof problems, and fixing wall sockets. Anything simple like this is easy to fix and something you can do on your own fairly easily, and as long as the little things are taken care of, the house as a whole will have a much larger appeal.

And finally, just keep your house as clean as possible! This reduces wear and tear, and keeps things looking as pristine as humanely possible. Which means if you have hardwood floors make sure you take all the proper precautions with them, because nice hardwood floors are fantastic for a property value. And if you have carpet, regularly clean it with a carpet cleaning machine, as that will keep your carpeting looking as close to new as possible, and new looking carpet is really good for increasing what you can get someone to pay for your property.

Those are minor changes, but effective ones for increasing the value of your house, and are easily made changes to your daily routine. Try them out and you just might be surprised as to how successful they turn out to be.

Tags: Appearance, Bid, Carpet Clean, Carpet Cleaning Machine, Carpeting, Coat Of Paint, Flowers, Fresh Coat Of Paint, Hardwood Floors, Hedges, Hey, Home Repairs, Housing Market, Lawn Care, Options, Plants, Proper Precautions, Rain Gutters, Wall Sockets, Wear And Tear

Filed in Boat Loan, Home Appraisal with 0 Comments

06 Dec 09 4 Step to Getting Credit Card Monkey off Your Back

Introduction

Step 1: Know your dues

Step2: Budget

Step 3: Stop spending

Step 4: Pay as much as you can

A closing thought

31 Oct 09 Joe Wonders, Should He Quit His Job Part – 3

Can Joe do it?

27 May 09 Easy Tips To Increase Your Home’s Value

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