Credit – Help or Hinder?
Six Vital Tips to Help Manage Credit Debt:
Read our Blog page for or more conversations on financial freedom and our Tools page for other resources!
In our Majestic Money Management Financial Freedom Classes and Workshops, we discuss these ideas and more! Visit our Calendar to see a schedule of free classes available through the Texas Workforce Commission or even better, ask your church leadership about bringing my program to your church or organization!
- Use sparingly
- Use only if you can pay off in 30 days or less
- Don’t use for wants or desires (use only when necessary)
- Don’t use for food, if you must because of lack of cash, then go to the grocery store and obtain more for your dollar. Don’t go to a fast food for a hamburger and fries, when you can get the meat, the potatoes, and the bread for the same price. Eat for a couple days, instead of an hour.
- Pay off credit cards, as soon as possible, apply “all” extra money toward getting out of credit card debt. Applying $50.00 to $100.00 toward your debt can save you 15 – 20 years of payment grief.
- Shop around for best credit card rates. (www.bankrate.com) can help with this.
Read our Blog page for or more conversations on financial freedom and our Tools page for other resources!
In our Majestic Money Management Financial Freedom Classes and Workshops, we discuss these ideas and more! Visit our Calendar to see a schedule of free classes available through the Texas Workforce Commission or even better, ask your church leadership about bringing my program to your church or organization!