8 Methods to Eliminate Credit Card Debt

Dumb Little Man

Huge credit card debt can feel like a crushing, impossible burden that you need to carry for months, years, or even a lifetime – but it doesn’t have to be. With a few simple steps and a good deal of discipline, credit card debt can be whittled down, paid off, and eventually eliminated for good. Just imagine how good it’ll feel to not owe your hard-earned money to a credit card company. Get On a Budget. This step is essentially Budget 2.0.

9 Valuable Credit Card Perks

Dumb Little Man

According to a recent Bankrate survey, about two thirds of millennials don’t own a credit card. But most savvy budgeters, the ones that consider themselves “good with money,” know how to take advantage of credit cards – and you should too. 1) Build credit. 56% of US consumers have subprime credit scores which can cost tens of thousands of dollars over the course of a mortgage, or can reflect poorly when applying to rent an apartment or lease a car.

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How to Get Out of Credit Card Debt Fast

Dumb Little Man

Credit cards come with a sense of power. Because of that, more and more people are finding themselves drowning in credit card bills. The average American household has a credit card debt of around $4,400 as of the first quarter of 2018. Each family has an average of 3 cards from various service providers. How can you manage your multiple credit card payments? Get your FICO credit report. Credit How To Money

How to Budget Using the 50/20/30 Rule

Dumb Little Man

Try to reduce your existing debts, such as your credit card and cash advance payments. Setting aside at least 20% of your monthly income for this purpose ensures that you have a good credit rating , making you more qualified for future loans in case you will need one.

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How to Tell You Can't Cut Your Budget Any Further

Dumb Little Man

Not only have blogs like this increased my understanding of money, but they''ve helped me drastically reduce my credit card debt over the past two years and inspired me to stay on the right track from a personal finance perspective. While cutting out the daily trip to Starbucks or bringing a sack lunch to work can serve as low-hanging fruit to improve your finances there are only so many holes to plug in your monthly budget. 3 Ways to Increase Your Budget 1.

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Budget cuts for the IRS result in unreliable customer service

Service Untitled

Tax season is finally over, and those economic gray hairs have been remanded back to the colorists at our hair salons, but budget cuts continue to show a significant decline in the Internal Revenue Service to the American public. Those budget adjustments have resulted in less personnel, less training, and as a consequence of course, less service. How credit card companies offer different levels of customer service Credit cards are an important way of life for most.

10 Myths About Making Money That Are Keeping You Back

Dumb Little Man

Each time you use your debit card, it’ll round up your purchase to the nearest dollar. Don’t Pay off Your Credit Card Balance Each Month. The myth says that you have to carry a small balance on your credit card each month to improve your credit score.

2018 251

7 Ways to Boost Your Financial IQ

Dumb Little Man

Financial IQ and credit score. It’s quite astonishing that a lot of people have heard about a credit score. A credit score portrays your creditworthiness and it shows whether or not you’ll be a risk to the lender, such as a bank, for instance. Learn how to budget.

2020 163

9 Useful Tips On How To Get Out of Debt Quickly

Dumb Little Man

Start the 50/30/20 Budget. This budget is a straightforward technique that can help you pay down your debt. See Also: How to Budget Using the 50/20/30 Rule. Limit Your Credit Card Use. Are you or someone in your household in debt? If so, you’re not alone.

2018 261

5 Easy Steps to Gain Financial Freedom

Dumb Little Man

Create a Budget. Many people feel that creating a budget is a scary, insurmountable or difficult task. Budgeting is merely creating a plan for how you’d like to spend your money in the future. There are many websites and apps designed to make budgeting easier. Budgets are highly personal and customizable, so make sure to create one that’s workable and sustainable for you and your circumstances. See Also: 5 Powerful Hacks To Help You Simplify Your Budget.

2017 182

Making A Financial Plan: How to Set Financial Goals To Live Your Best Life

Dumb Little Man

Financial planning is a crucial part of adult life, yet 40% of Americans have never had a budget. Sticking to a budget can help prevent you from falling on hard times. However, contrary to what most people are thinking, financial planning and budgeting aren’t just for retirement.

2020 235

6 International Travel Tips You’ll Find Handy

Dumb Little Man

Know Your Travel Budget. Knowing how much your vacation may cost you can help you budget your trip. If not, take the time to prepare your budget and allocate your funds wisely. Browse the internet and find out some great deals for yourself to make the most of your budget.

2018 268

Why it’s Smart to Offer Paypal as a Secondary Payment Option

Office Organization Success

I actually prefer the flexibility of a merchant account as my primary payment processor because it not only allows a client/customer to pay by credit card (without having to go through Paypal’s process to do that) but it also offers you more options in terms of recurring billing features (think membership programs ) and taking client’s credit card payments over the phone. This means: No dealing with declined credit cards.

2014 154

Staying Out Of Debt: 3 Money Habits You Should Be Doing

Dumb Little Man

It can also lower your credit score. When you become a bad credit risk, it will become more difficult and expensive for you to borrow in the future. But, it isn’t only lenders who look at credit scores. Landlords can sometimes consult your credit score to find out how reliable you will be about paying your rent. Anyone who thinks you’re a credit risk could charge you with a higher rate or deny you services altogether. See Also: 9 Valuable Credit Card Perks.

2017 172

Money-Saving Hacks for Busy People

Dumb Little Man

As a busy person, you know how hard it is to find time to plan your finances, calculate your expenses, and review your budget. Try to plan relaxing vacations and budget them accordingly. Use Credit Cards Wisely. If you own several credit cards, make sure to use them wisely. There are credit cards that offer rewards points when used for groceries, fuel, and shopping. See Also: 9 Valuable Credit Card Perks.

2018 144

Best Money Management Tips For Students

Dumb Little Man

If you don’t know how to set a budget and stick with it, you can end up broke and more stressed out. To make sure you stay on top of your finances, check out these best money management tips for students you can use: Set a budget. Make sure that whatever your monthly budget is, save a portion of it. Use credit cards sparingly. A lot of students end up getting entangled in huge debts because of not using credit cards properly.

2018 153

5 Simple Ways to Pay Off College Debt Faster

Dumb Little Man

We only have so much disposable income and if college debt repayment is part of your monthly budget, it can effectively eliminate most of your spending money. Many people simply pay whatever minimum is owed on every debt they have, whether it’s a credit card, car loan or student loan. Say you have a Visa credit card with $600 at 12%, a department store credit card with $300 at 11% and a student loan of $10,000 at 7%.

2017 165

10 Easy Money Hacks to Improve Your Finances

Dumb Little Man

Increasing Credit Score. Your credit score will play a huge role in your life as far as the finances are concerned. There are many easy and simple ways to improve your credit score. By taking the recommended credit-building measures, you can make decent improvements in a short period and enjoy more financial freedom! Credit card issuers often market their products with the “minimum payment” feature. Personal finance doesn’t have to complicated.

2018 163

A House-Buying Guide For Millennials

Dumb Little Man

Student loans, personal loans, and credit card debts are the big three that come to mind. This way, you don’t get your hopes up on a house that is way out of your budget. Start home shopping with a pre-approval letter in your hand, and stay in your budget.

2020 241

7 Ways To Save Money While Traveling

Dumb Little Man

” Find a debit card without foreign fees. If you are traveling abroad, you will want to find a debit or credit card that doesn’t charge you extra fees for foreign transactions. One card that allows you to avoid these fees is the Charles Schwab card. There are actually a lot of credit cards with no international fees if you just do your homework. One way to save money while traveling is to watch your transportation budget.

2017 184

7 Tips on How to Find Cheap Flight Deals and Discounts

Dumb Little Man

We all have that one friend who’s never more than two weeks away from his next sunny holiday, yet he doesn’t have a huge salary or mountains of credit card debt. Use terms like ‘budget flights’ to help you do a bit of shopping around and get a feel for average prices.

2020 162

12 Tips for Finding the Best Apartment You Can Afford

Dumb Little Man

To help you find an apartment within your budget that you’re actually happy with, we’ve put together a list of tips that can help you navigate the stormy waters of local real estate. Set a Budget. Before you even start apartment hunting, sit down and work out a budget.

2018 229

How to Stick to your Financial New Year’s Resolution

Dumb Little Man

Choosing to improve your financial situation is always a great idea, whether you’re hoping to stock up your emergency fund, get out of debt, or give your budget a boost. See Also: How to Budget Using the 50/20/30 Rule. Users can save for multiple goals at once, directing money into accounts for things like emergency funds, credit card debt repayments, or vacations.

2019 161

10 Awesome Tips On Finding The Best Deals Online

Dumb Little Man

See Also: 10 Most Popular Coupon Websites You Should Know For Shopping on a Budget. If an online shopping store allows the use of coupon codes and scratch cards on Friday, then wait for that day. Use of credit and debit cards. Using bank cards is very common these days. If you are planning to do that, check first before you enter your card details to shop online. You can also shop according to what your credit card offers.

2019 188

Top 5 Tips for Reducing Small Business Debt for the New Year

The Small Business Blog

Make sure that you stick to a strict budget from now on, even if it has been difficult in the past. Switch to using cash on a daily basis rather than credit cards. It is too easy to just stick things on a card and add to a mountain of unpaid debt. Alway pay off your highest interest credit cards first. Try to reduce all of you cards to below 50% of the limit or else your credit score could be affected.

2011 149

Cut Back Your Cost Of Living

Productivity Bits

In a period when every penny counts, there are a number of simple ways to stretch the household budget and make your money work harder for you. Credit Cards. Firstly, check out those credit cards sitting in your purse or wallet. So, whether you have an excellent credit history or not, you could probably benefit from changing your credit card. Copyright © 2011 Productivity Bits. Visit the original article at [link]. Guest Post.

2011 148

5 Steps to Increasing Your Cash Flow

Office Organization Success

On the expenses side , I can easily budget for expenses. With a merchant account you can very easily accept all major credit cards without your clients and customers having to go via Paypal (this is a great option for a secondary payment processor). There is the danger that if you let payments go beyond the end of the program the client will feel that they’re paying for a program they are no longer a part of, and this can result in higher credit card declines.

2015 173

6 Perils of Moving In With A Partner (and How to Avoid Them)

Dumb Little Man

If one of you has been saving for years, pays all the bills on time and has a clear financial plan, while the other lives from paycheck to paycheck and has thousands in credit card debt, it’s a bit of a recipe for a disaster. Whether it’s opening a joint bank account, setting up payment plans and direct debits or simply setting up a household budget, make sure you’re on the same page. Alternatively, if all else fails and you’ve got the budget for it, hire a cleaner!

2019 182

20+ Ways to Get Rid of Your Debt for Good

Dumb Little Man

Get rid of your credit cards One of the biggest down falls that most of us have is the reliance on credit cards. Unlike spending real cash, when you charge it to a card you don’t feel the burn. When I was in college, I went a little wild with student credit cards.

2011 285

6 Things to Think About When Booking a Wellness Retreat

Dumb Little Man

As much as we want to throw caution to the wind and have a massive blowout, it’s still worth selecting a wellness retreat that fits your budget. There’s nothing worse for messing with your chakras than a glaring credit card bill when you return home. Wellness retreats offer the perfect opportunity to wave goodbye to packed trains and an overflowing inbox and say hello to wind chimes, fluffy dressing gowns, and total zen.

2019 182

Coping with car hire – When the best is expected

Practically Perfect PA

Budget? A shock as this might be, renting a Bentley for a hundred pounds a day is not possible, so try and have some idea of the realistic budget available for the journey. Whilst the budget might not stretch to the bosses preferred car of choice to impress a client, a suitably impressive alternative can be suggested. This is to reduce credit card fraud and to comply with insurance company requirements.

2014 198

5+1 Things I learned From The Best Personal Finance Books

Dumb Little Man

This way you’ll learn how to budget the remaining money you have for your expenses. Pay off your credit card. Don’t just pay the minimum on your card. In case you have to pay more than one credit card (and who doesn’t?), Pay off the minimum amount on all cards except for the one with the smallest debt. See Also: The Aussie Guide to Bad Credit & What to Do About It. +1.

2017 156

7 Ways to Live Within Your Means

Dumb Little Man

Aside from this, there are credit cards and loans that could tempt us. Create a budget. One way to control how much you spend is setting a budget and sticking to it, all while putting your savings to the side. See Also: 5 Powerful Hacks To Help You Simplify Your Budget. Financial gurus often talk about living within your means. You hear it all the time but do you know what it truly means? Have you figured out how to do this?

2017 178

Personal Loan Approved? Here’s What To Do Next!

Dumb Little Man

Create a budget accordingly and stick to it. This is another reason why you should create a budget before applying for a loan. Adhere to your budget. And if you plan to pay off your card bills or other debt with this money, then make the payments as soon as you get it.

2018 175

What to Do When You Have to “Fix and Polish” a Message

Office Dynamics

For example, if it’s a letter to a credit card company about a dispute, make it clear what you want, e.g., future credit or a refund. REVISED: Yes, a portion of the budgeted dollars (less than in past years) is spent on design and construction deficiencies. Yet most of the maintenance budget dollars are needed for normal upkeep and operational costs. Suppose your supervisor emails you a message that says, “Fix the attached” or “Polish this piece.”

2018 165

How to Save Money on Christmas Spending

Ian's Messy Desk

Work from a Budget. A gift card or homemade Christmas baking work well for these situations. It’s easy to overspend when your charging purchases to your credit card. That foot massager may be a great price, but does it fit your budget?

2010 169

How to Reduce Expenses When You Live In An Expensive City

Dumb Little Man

Reduce credit card rates – You may be able to negotiate with your credit card company to reduce your current rate/s. Hopefully, by applying some of these tips, you can slash a few dollars off of your budget. Living in a high-cost area has its perks. There’s a lot of high paying jobs, which means you have a lot more opportunity to earn. And since things can cost more, you’re less likely to consume them. This translates to lower living standards.

What Are The Advantages Of Business Consolidation Loans?

Dumb Little Man

It is also the only option that will not dampen your credit score. If you happen to have a great credit history, you can file for lower interest rates with a longer payment term. It gives you the chance to use the loan amount to pay your credit card bills. You can resolve all your lines of credits at one go with one large sum. You will not have to attend to creditor calls and you can even pay off all your credit card bills with the sanctioned amount.

2017 121

Good Practices for A Successful Dropshipping Business In 2019

Dumb Little Man

On the other hand, a broad niche or a general store requires a huge marketing budget and quite often eventually leads to failure. The consequence of this complaint is that several customers end up registering a dispute or a chargeback with the payment processor or credit card issuer. Increasing the ad budget without a proper strategy can be counterproductive.

2019 132

How to Find an Affordable Engagement Ring — Without Sacrificing Quality

Dumb Little Man

The phrase affordable engagement ring probably makes you think of a lot of things: weird lighting in malls, trays of identical-looking rings, and maybe even your credit card bill. And because we want the engagement ring you choose to bring a smile to your face and hers every single day, we’re sharing exactly how to get the one that’s the perfect balance of beauty and budget. Set your budget and priorities ahead of time. Keep this in mind when budgeting.

2019 141

Nine Easy Tricks to Cut Your Spending Today

Dumb Little Man

If you’re spending more than you want to, though, these are a few simple ways to cut your spending – without having to do any complicated budgeting, and without having to rely on willpower. Leave Your Credit Card at Home. If you often find yourself spending more than you should when you’re out shopping, then leave your credit card at home. Take cash, or a debit card: that way, you can only spend what you actually have. Photo Credit: Monochrome.

2011 219

5 Steps to Increasing Your Cash Flow

Office Organization Success

On the expenses side, I can easily budget for expenses. With a merchant account you can very easily accept all major credit cards (without your clients and customers having to go via Paypal which, for various reasons, I don’t recommend). There is the danger that if you let payments go beyond the end of the program the client will feel that they’re paying for a program they are no longer a part of, and this can result in higher credit card declines.

2011 157

10 Christmas Organizing Tips

Ian's Messy Desk

Automate your card list. Set a budget. The stress of the holiday season can carry over into January, when the credit card bill arrives. Make a list, check it twice, make sure it fits your budget nice. How to Budget for Christmas and Avoid Going into Debt. The post 10 Christmas Organizing Tips appeared first on Ian's Messy Desk. I know. It’s still September. However, we’re less than three months from Christmas.

2013 158