Most people struggle with holiday overspending and would welcome a Christmas with less financial pressure. Limiting your holiday season spending gives you more money to repay debt or finance your child’s college fund. Without skipping the gift giving, family gatherings or other important aspects of Christmas, you can create a festive and magical holiday on a budget.
When you make an effort to pay off a large amount of credit card debt, it can feel good to be able to cancel your credit card accounts and be out of debt completely. While this is a common practice among people who are paying off debt, it may not always be the best decision that you could make financially. In some cases, canceling your credit card could hurt you in other ways that you did not foresee.
Credit card debt forgiveness has become more main stream since the beginning of the recession. In fact, it seemed like every time you flipped on the TV, radio or Internet, there was an advertisement on about managing your debt through credit card … [Continue reading]
Using a credit card can be an easy way to make purchases no matter where you are. While credit cards are easy to use, this ease can also lead to some problems for you as a consumer. A credit card in the wrong hands can create a dangerous situation, … [Continue reading]