how to mange your credit card debtCredit card debt. It’s the kind of debt that affects a large majority of homes within the United States. So much in fact that according to many published statistics, the average American household owes over $15,000 in credit card debt, which over time can affect your credit. And when your credits affected, it can make it hard to make major purchases. And that can make it hard to live as comfortably as you would like.

If you happen to have credit issues, luckily, there are several things that you can do in order to manage and organize your debt. If you’re interested in knowing some of the things that you can do to turn your situation around starting today, here are five proven tips to make you debt-free.

Check your credit report. If you’re reading this article, then there’s a pretty good chance that you are aware of the fact that you owe some money to your credit card company. However, if you’re curious to know just how much, you should first contact them and then you should get a copy of your credit report from the three main credit reporting agencies (Experian, Expedia and TransUnion). The reason why looking at your credit report is so important is because that is how you can see if your credit debt has affected your credit score. (For tips on how to raise your credit score, visit Forbes and put “11 ways to raise your credit score fast” in the search field.)
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Smart Online Holiday Shopping Basics For Newbies

by Leon on September 13, 2014

online shopping for holidaysIt seems incredible that the year is more than half over already, but with summer temperatures fading fast and the kids back in school, the holidays are only a hop, skip, and jump away at this point. And that means it’s time for savvy shoppers to begin their tentative foray into the holiday shopping fray. If you’ve battled your way through the maddening crowd to get the hottest holiday finds before, you’re probably not looking forward to standing in long lines on Black Friday and fighting tooth-and-nail to snatch that coveted toy off the store shelf before someone else. So you’ll be happy to hear that online shopping helps you find everything you want for the holidays without having to deal with the hustle and bustle of real-world retail. But in order to get the best deals and find the perfect holiday gifts for everyone on your list, you need to know some basics, especially if you’re relatively new to online holiday shopping.

The first thing you might want to do is look for pre-order options. Whether you’re waiting for the hottest toys, the latest gadgets, or media that won’t be released until closer to the holidays, many websites offer pre-order options that mean you’ll get your items in time for the holidays with no muss or fuss. Amazon is a good bet since they offer both reminders and pre-order options for many items if you have an account with them.
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5 Tips You Should Know For Safe Online Shopping

by Leon on September 12, 2014

online shoppingA few decades ago, no one would have believed that there would one day be a way to comparison shop from the comfort of your own home, receive instant confirmation of purchases, and have the goods delivered to your front door as quickly as the next day. Heck, there’s even one-click ordering to make the process totally foolproof and eminently efficient. But there are potential drawbacks to shopping online, as well, and the main one is security. Luckily, there are ways to protect your private information when you shop online.

Look for the lock. Any time you decide to make a purchase online, you need to make sure that the website you’re ordering from is protecting your personal information. When you see the padlock icon situated next to the address bar at the top of your screen, it means that the data you’re transmitting is protected by encryption software, so anyone trying to steal it will get nothing but gobbledygook. That said, you should also take steps to protect yourself, such as setting up an account with a password, opting for 2-step verification whenever it is offered, and selecting the option whereby your payment information is NOT saved by the online retailer.
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save money when you moveIf you go down the list of all the expenses involved in moving into a new apartment, it’s enough to make anyone’s jaw drop. You not only have the first month’s rent to worry about, but you also have the security deposit, moving costs, new furniture, set up costs for cable and Internet, and you have to fret about making sure everything is set up and ready to go. At the end of it all, you could spend thousands of dollars. Luckily, though, there is a very simple way to save money when you move into a new apartment – it is all about how creative you get with your spending. Here is how to save money when moving to a new apartment.

First, you need to budget yourself. No matter if you are looking for luxury apartments for rent in Boston or duplexes in Los Angeles, you want to give yourself a number that you can work with. This is a number that you want to try not to go over when it comes to your total move in expenses. This is why you want to create a list of all your expenses and then double check to make sure that they all fit within the budget you created.
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How Are Life Insurance Rates Determined?

by Leon on September 7, 2014

life insurance ratesIf you’ve gotten insurance policies in the past, you are no doubt aware that a number of factors are taken into consideration when determining your rates. Homeowners insurance, for example, may be based on the value of your home, the crime rates in your area, and the deductible you select. Auto insurance could be calculated by looking at the car you own, your driving history, and even the number of miles you put on your vehicle in a year. So it should come as no surprise that the rates attached to your life insurance policy will be determined based on a variety of input. But you may not be aware of exactly what insurance providers are interested in and how they come up with a number for your particular policy. Here are just a few of the factors they consider and how they could affect your life insurance rates.

Age
Your age will play a major role in the cost of your life insurance policy, and unfortunately, there’s not much you can do about it. Just like taxes, death is inevitable, and the longer you live, the greater the odds you will die. Luckily, you can lock in low rates for life insurance by selecting a whole life policy when you’re young and sticking with it. The younger you are when you secure your policy, the lower your cost will be. Just make sure to pick a policy that has rates locked in.
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making wise financial decisionsDespite the fact that capitalism is a major part of our daily lives, few of us reach adulthood with the knowledge necessary to make wise financial decisions. If we’re lucky, someone has taught us how to balance a checkbook somewhere along the way. But most people don’t even know how to create and adhere to a basic budget, much less use credit cards appropriately or set up an investment portfolio. In short, it’s no surprise that so many adults find themselves facing a mountain of debt with no real hope of digging themselves out. But you have the capacity to learn the ins and outs of basic personal finance, and you don’t have to wait for the consequences of bad decisions in order to learn your lesson. Here are just a few helpful guidelines that can get you started down the path to making wise financial decisions.

You might want to start by taking a personal finance class. You can often find such offerings at your local community college, adult continuing education center, or even through your community center. In some cases these courses are available online. And the benefit of taking such a course is that you’ll get a broad overview of personal finance, including household expenses, retirement accounts, investments, and more. But you may also have access to specific and practical lessons like how to create your own budget or pay down credit card debt.
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Credit Card Balance Transfer Basics

by Leon on September 5, 2014

credit card balance transfersThere’s a lot to be gained from transferring the balance of one credit card to another. For one thing, you could end up saving a significant amount of money if the interest rate of the card your transferring debt to is much lower than the one you’re transferring from. And you’ll probably be glad to have just one payment instead of two. Plus, if you have a little problem with spending on credit, transferring a balance will allow you to close at least one account, alleviating the temptation to spend more than you can reasonably afford to pay. But if you want to gain the greatest possible benefits from credit card balance transfers, there are a few things you need to know going into the process. Here are some basics to ensure that your credit card balance transfers have a positive financial impact.

The place to start is by crunching numbers, and if you’re having some trouble doing this on your own, you might want to talk to an accountant or a financial advisor to make sure that transferring your credit card balances is actually in your best interest. The reason is that you’re probably going to have to pay fees in order to transfer your balances, and these fees will likely vary by creditor. Some could be quite high, say several percent of the transfer amount. And if you’re doing multiple balance transfers, this could quickly add up to a significant cost.
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