Get That Monkey Off Your Back, Give It All Your Money

If you research “how to get out of credit card debt” – You’ll find a few articles titled something about the 6 ways to get out of debt.

We know the truth…the only way to get out of debt is to pay it off. You cannot bake it in the oven and turn it into cookies. You cannot eat some many cookies you forget about the debt. It is not out-of-sight-out-of-existence…You cannot meet a genie and get three wishes. You can meet someone and marry into wealthy, maybe. But that blessed person is still going to do the one thing: pay it off.

Here Are Those 6 tips That Might Give You The Framework To Suck It In, Buck It Up and Pay Those Credit Cards, Mortgage and Auto Loan..Any Debt…Off.

1. Pay the highest interest rate down first. 
   • Pay the minimum payment on all cards but the highest interest rate…pay as much as you humanly can let out of your clutches…
   • When that card is gone, throw all extra money at the next highest interest rate and minimize interest accumulation to the max. 
   • The bonus is: you’ll save the most money long-term
2. Or do the exact opposite with the “snowball” method. 
   • Pay the lowest balance first, because you can knock it out quicker.
   • That boost in confidence will give you the pat-pat you need to keep going.
   • This isn’t maximizing your pocket ball, but it might maximize your will power with some emotional button pushing: Seeing progress faster, keeps you going longer.
   • Pick 1 OR 2 – It doesn’t matter much because you just have to do the one thing: pay it off.
3. Transfer balances and chase 0% interest
   • Be really responsible with this option
     1. Automate those payments so you don’t miss them. One missed due date and you could be slapped with the interest rate and all would be for naught. Do not make new purchases on the cards. I’m going to repeat that in tip 4.
4.  Budget
   • Probably you have some debt because you didn’t have a budget. Sometimes you have a budget and things come up and and that little bit you dug into debt is a sink hole…
   • Do not keep paying for things on any of the cards – Put them away, hidden.
     • Even if you really need that thing…
       • You don’t actually need it. Go without it.
   • Budgeting isn’t easy. And you you research that question you’ll get 100+ tips. Read This article about it…
5. Start an emergency fund “Give it all your money” – not all your money, because you’ll set aside some in this fund to prevent future credit card spending.
   • • The ease on your mind: priceless.
   • Pretend you have another credit card that you need to pay, and pay it to yourself
   • It’s helpful to build your savings before focusing on debt.
6. Switch to cash
   • An interesting study showed something that we find intuitively to be true. If we want a good we are willing to pay more for it when we buy with credit and we are willing to be pay less for it when we pay with cash.Paying for things in cash will allow you to spend smarter because you can see the money and therefore see the value of the dollar, better.

Here Is A Bonus Tip With Lucky #7: Sink Your Entire Tax Return Into Your Debt Every Year And Make Minimum Payments The Rest Of The Months.

To sign up with Income Tax Planning Network Click Here…

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Getting strapped for cash is the worst. But when you are in that situation, it is difficult to know what is the right route for you and your wallet. When you need to borrow money to cover an expense, you might consider a credit card or a personal loan. Deciding which is better depends on your situation. Lets weigh your options.

Why Credit Card?

• Because of their high interest rates, credit cards are best for short-term financial needs. Use a credit card only for purchases that you’ll be able to pay off by the due date, like daily expenses or monthly bills.

• You could use cash or your debit card for these same purchases, but credit cards have benefits outside of free short-term financing. Many cards come with cash or travel rewards — typically ranging from 1% to 2% of what you spend — as well as certain perks you won’t get with cash or debit.

• There are also credit card options for those people who are concerned that their bad or lack of credit could make it impossible for them to get a credit card at all. There are credit cards that are specifically designed for the people that have bad or no credit to get the things that they need when they need them.

Why A Loan?

• Personal loans are best used for longer-term financial needs. This could include things like expenses for adopting a child, starting a small business or consolidating credit card or other debt. Since personal loans typically have better interest rates than credit cards, they’re a better option if you aren’t able to pay off your balance in full monthly.

• If you’re considering using a personal loan to consolidate credit card debt, first assess how long it will take you to pay off the debt. Consolidating credit card debt with a personal loan typically makes sense only if it will take you more than six months to pay off. Otherwise, the amount of interest you’ll save will be negligible at best for the amount of effort to obtain a loan.

• There is also great variety when it comes to getting the right loan for your needs:
  • There are loans that are proven to be fast and easy to obtain, that are also perfect for people with bad credit or great credit. These loans are perfect for you if you need cash ASAP.
  •  There are loans specifically designed for people with bad credit to help them get the long term money that they need. While at the same time building their credit score.
  • There are government loan options that help people in specific situations like being a veteran or a student.

The Bottom Line

Credit cards are ideal for short-term balances that you can pay off each month, while personal loans are for medium- or long-term debt. They are both outstanding options to help you out of a tight spot. So weigh your options and get yourself the financial help that you need!

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Friendly Reminder! You Don't Have To Keep A Balance On a Credit Card To Build Credit!

It's a #myth! Busted.

Sometimes when we let others handle our books, we OUT-OF-SIGHT-OUT-OF-MIND !

With #CBB  you can always SEE your books, like a pocketbook, taking it with you where ever you go.

Try not to carry that balance around either!
Don't burn your money on interest, buddy.

The post Friendly Reminder! You Don’t Have To Keep A Balance On a Credit Card To Build Credit! It’s a #myt… appeared first on Independent Credit Solutions.

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What Is the Difference Between a Charge Card and a Credit Card?

A Credit Card is bad.
A Charge Card is good.

Well, it's more grey.

A #chargecard is like the "dog house" version of a credit card…you have to pay off the balance every month. You cannot carry a balance. Repeat for our credit heavy nation…you hold the cash – or debit and you pay the whole balance every month.

You can use a credit card like a charge card but you CAN carry a balance – and the amount you can carry is your line or credit…if you used a credit card LIKE a charge card then you can increase your line of credit…but if you pay it off every month you don't need more credit.

You might need a l o n g line of #credit for things like home loans, personal loans and car loans, though.

The post What Is the Difference Between a Charge Card and a Credit Card? A Credit Card is bad.
A Charge Ca… appeared first on Independent Credit Solutions.

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ShareFollow UsThe Orlando shooting by terrorist, auto-matic gunman Omar Mateen brings up a lot of questions if you think critically. If not…just read. Gun Control: “Good Guys” V “Bad Guys” For Gun Control everyone wants to keep the weapons out of the hands of the dangerous. Some, like Trump, too many probably, think that a […]

The post Orlando Shooting Reminding Us To: Protect Identity appeared first on Ultimate Identity Protection Services.

The post Orlando Shooting Reminding Us To: Protect Identity appeared first on INTERNET LEGAL PLANS.

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The Best Way to Get Involved In Real Estate Investing, Is With The Complete Real Estate Site

You read that correct in the title. If you're even the slightest bit interested in real estate or investing in some form of real estate, go straight to the #completerealestatesite  and get started. Become a "Real Estate Guru" by learning the up's and down's and left's and right's of everything real estate. The site will walk you through it too! Too easy!

The post The Best Way to Get Involved In Real Estate Investing, Is With The Complete Real Estate Site You … appeared first on Independent Credit Solutions.

The post The Best Way to Get Involved In Real Estate Investing, Is With The Complete Real Estate Site You … appeared first on INTERNET LEGAL PLANS.

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Are You Making The Same Mistake With Your 401K Like Most Millennials?
The mistake is simple: they don't have one.
No retirement.
The kids are out the house, graduating college…thinking about mortgages, marriages and kids and 'parallel careers'…all those jobs.Most Millennials are not thinking about #retirement. Many #millennials work part-time, at multiple jobs…and part-time careers do not always offer a 40lk. Part might be a general apathy in Millennials and throwing their money down the tube of student loans is depressing.
But a #401k  would be pretty great for that mental health, and obviously for retirement.
Less fun now for some food later.
What a drag.
Making your bookkeeping an automated responsibility is just as easy for a 401k. #CBB  can track it for you!

The post Are You Making The Same Mistake With Your 401K Like Most Millennials?
The mistake is simple: they … appeared first on Independent Credit Solutions.

The post Are You Making The Same Mistake With Your 401K Like Most Millennials?
The mistake is simple: they … appeared first on INTERNET LEGAL PLANS.

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Millennials Are Making A Tragic Mistake With Their 401(k)s

Instead of letting their #401(k) gathering all the money-blood than can over the lifetime of your career. Millennials get analytical like they do – look at their losses some quarter and pull the money, bleed-out. This will bite them later on.

Here's an alternative idea. Frustrated with the current returns on your get-old-well fund? Turn it into a self-directed #IRA and use that to purchase real estate…the return on the property when you flip it…if you flip it…or the rent monthly goes into the account. You just bought something concrete that reads as part of the net-worth of the account, still collecting…as it sits collecting either worth in that bull market appraisal…or collecting rent as well capitalizing on your return down you old, wiser road. You baller.

The post Millennials Are Making A Tragic Mistake With Their 401(k)s Instead of letting their #401(k) gath… appeared first on Independent Credit Solutions.

The post Millennials Are Making A Tragic Mistake With Their 401(k)s Instead of letting their #401(k) gath… appeared first on INTERNET LEGAL PLANS.

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It's Men Who Are The Gold Investors and It's Women Who Are The Gold..

Men are more likely than women to invest in #gold as their #1 choice.

35% of Americans think Real Estate is smarter than Gold.

17% are all aboard the gold train.

It's a tool like #CBB  that could show the data on that one.

How do your investments pay off over-time; can you tell?

This is a picture of Pyrite, fool's gold; can you tell?

The post It’s Men Who Are The Gold Investors and It’s Women Who Are The Gold.. Men are more likely than wo… appeared first on Independent Credit Solutions.

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Some Of The Wisest Choices Come In Dreams

Tossing and turning over how to invest that tax return? Return on Investment? Return my taxes…Invest the taxes, tax the investment, vest in cement?

WAKE UP!

A Gallup Poll is in!

35% of Americans want to FIRST invest in real estate. UNLESS they are younger than 30, and are more likely to favor SAVINGS as their first choice. Visit our affiliate #hopetoown  

Looks like the millennial generation is saving for some kind of down pay… pay for somewhere to sleep… invest those taxes, tax the investment, pay to make money, make payments with mint …. zzz!

SWEET DREAMS, happy investing.

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