Hey there everyone..... when my friend suggested I might need "plastic surgery".... i was a little confused. I thought we were talking about our spending habits at the time.. not my wrinkles.!
Turns out she was talking about us being accountable for our spending when it comes to our charge cards! And that "Plastic Surgery" might be the answer for both of us. (LOL)
Are you like the typical American? You have about four to five credit cards... and you use them one out of every four times you buy something?
I found out some good ways not to get trapped by the plastic on
MSN website. It offers this advice for credit-card deals and other trends and traps that will affect you tomorrow and for years to come.
Have good credit and you don't have to tolerate rising rates.
HAVE GOOD CREDIT
Banks are fighting for the best customers. "If your credit score is 720 or above, you should be paying 10% or less . Try negotiating for lower rates . .
If you carry a balance, concentrate on finding the lowest-rate card possible. But if you pay your bill in full every month, make sure to shop around to find the best rewards offers once or twice a year. sites like cardratings.com ...bankrate.com and Creditcards.com may alert you to good deals.
One thing to beware of... if you apply for too many credit cards... it can hurt your credit score... try and limit your applications to one oir two a year....at most... Also don't apply for new credit if you are in the market for a big purchase like a home or a new car.
The average person has about 10 thousand dollars on credit cards... and About 60 percent of active accounts are not paid off monthly. Avoid late and over-limit fees. Avoid using more than half your credit limit at any given time... and set up automatic or payments to make sure your bill is paid by the deadline.
Great advice.... and just fyi.. "plastic surgery" does work... my friend and I are both charging less.... and our husbands are grateful too. (LOL)
Blessings to you and your family... I will be back on the air... next Monday.