Pay Off Your Credit Cards With Financial Advisor Tips
If I ask you, which is Americans' biggest debt, you surely will say, the mortgage or the student loans payments, right? Well, actually, Americans spend more money monthly on credit cards sales than in mortgage! As a former credit card abuser, I read a lot of advise about how to pay credit card debts...
first of all the one that said "Order all your credit cards according to the interest rate and pay the ones with the highest interest first.
" Then there was another that said "Pay the credit card with the lower debt first, This cause a positive effect in your self esteem...
" But no matter what I did, I always move forward one step, and backwards ten!!! The principal problem was, that I couldn't buy without my plastic money...
I thought that having a card meant to have extra money all the time.
So, I used to buy in several small payments, but at the end of the month, the whole amount of all those small payments were a huge bill impossible to pay off.
All is about education...
nobody taught me how to use them nor how to pay them off.
So, how did I pay off my credit card? With a big pair of scissors! I cut all my credit cards in halves! And replace all of them for debt cards.
Of course, when the salesman told me "Sorry, there is no enough money in this account" and I had to left the new beautiful pair of shoes I was buying, I felt like hell...
but I learn that I didn't need those shoes and at the end of the month they would have been a headache.
I needed a piece of advise, many of the advisor didn't help me much, but mostly because of myself.
I had a problem.
I did not understand the real concept here! Once I understood that I was the problem, things changed.
And some times sounds very basic, but many people (included myself) do not realize that what you buy has to be paid! No matter if you pay in plastic, plastic has to become real money and besides, you have to add interest rates! You can take note of what you spend, you can keep the receipts, there are many techniques, but the most important thing is to realize that you have a problem and you need help with your financial status.
Now, I'm part of a team of debt solution advisors.
So, if you need help to get out of debt, you can find free advisors online!
first of all the one that said "Order all your credit cards according to the interest rate and pay the ones with the highest interest first.
" Then there was another that said "Pay the credit card with the lower debt first, This cause a positive effect in your self esteem...
" But no matter what I did, I always move forward one step, and backwards ten!!! The principal problem was, that I couldn't buy without my plastic money...
I thought that having a card meant to have extra money all the time.
So, I used to buy in several small payments, but at the end of the month, the whole amount of all those small payments were a huge bill impossible to pay off.
All is about education...
nobody taught me how to use them nor how to pay them off.
So, how did I pay off my credit card? With a big pair of scissors! I cut all my credit cards in halves! And replace all of them for debt cards.
Of course, when the salesman told me "Sorry, there is no enough money in this account" and I had to left the new beautiful pair of shoes I was buying, I felt like hell...
but I learn that I didn't need those shoes and at the end of the month they would have been a headache.
I needed a piece of advise, many of the advisor didn't help me much, but mostly because of myself.
I had a problem.
I did not understand the real concept here! Once I understood that I was the problem, things changed.
And some times sounds very basic, but many people (included myself) do not realize that what you buy has to be paid! No matter if you pay in plastic, plastic has to become real money and besides, you have to add interest rates! You can take note of what you spend, you can keep the receipts, there are many techniques, but the most important thing is to realize that you have a problem and you need help with your financial status.
Now, I'm part of a team of debt solution advisors.
So, if you need help to get out of debt, you can find free advisors online!
Source...