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| Where at exactly? I have some hid in a dresser drawer but I want a better place. I'm thinking maybe in my car but I can't think of a place.... |
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 How can I cut back/stop spending money on stuff I really just don't need? |
| I feel bad about spending all my money. I feel I should put some of it in saving, but being a teenage girl, I want to spend my money on accesories, shoes, clothes that I wear once. maybe twice. I ... |
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 My employer told me that he can no longer pay me cash? |
| i was paid by cash since i started my job, but lately my employer told me that he cant do it anymore as he is losing money when he pays me cash, is that true? ... |
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 Are we going to lose money if we cash out our 401K now b/c of the market? |
| My fiance has a 401K and recently switched companies and we decided it was the best thing to cash out the 401k. However, with the market crashing, does that effect how much the balance will be, or ... |
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 Which bank is best? |
| washington mutual, bank of america, etc........... |
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 If you HAD to earn $10,000 in 60 days without going into debt what would you do? |
| It has to be legal (no drugs or prostitution), no loans or credit cards, and you don't have any large personal possesions to sell.... |
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 Do banks have ATM cash withdrawl limits? |
I took out $300 to go on vacation out of my ATM, on the same dad my husband took out $300. (almost at the same time - at a different bank branch ATM).
Are there no limits?
Has anyone taken ... |
|
 How do I stick to an eatting out budget of $45 a month? |
| I'm trying so hard to cut down on eatting out to $45 a month for me, my husband, and son. Do you have any tips? We all pack our lunches. Somestimes we're so tired to cook dinner we eat out.<... |
|
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| I am jobless and need money fast. I need a fast way to make money (online?) that doesn't require monetary investment in the beginning.... |
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 How could i get aloot of money quick? |
| i am only 13 so i cant really get a job or rob a bank or anything... but what is a good way to earn a lot of money quick??... |
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 My fiance says he loves me but makes me feel guilty about my money that i have? |
| he has a huge debt from his divorce(he chose to give her everything) now i have never been married and saved all my life(36 yrs) and have about 100k.he asked me awhile ago to pay of his debt and i ... |
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 Bank Error in MY favor!? |
I woke up this morning and noticed that the bank made a $2,200 bank error in my favor. I know it sounds like a monopoly game, but it actually happened to me.
I know , I know what I should do ... |
|
 Brink of recession - what does that mean to me and you? |
Being on the brink of recession, what will this mean to the average man in the street?
From the unemployed, to the working class, the wealthy and business, how will it affect us all?... |
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Rick M | How can I pay off my credit cards ? |
|
 |
 
searching_please
 |
Make a list of each card and what the total amount owed is.
Then, put the list in numerical order from least to most.
Figure out the monthly payments of each (keeping them in order from least owed to most owed).
Next, pay each monthly payment, BUT figure out how much EXTRA you can add to the very first payment on your list (can you forego a cup of coffee each day and add $10-15 to that payment each month?).
Pay each monthly payment adding extra to the one that you owe the least on until the first one is paid off (cut up the cards).
Then, take the amount you paid on the FIRST card and apply ALL of that amount to the payment on the next card on the list. You can even add your home mortgage or car loan to this.
For instance, if you have three credit cards, one you owe $200 on, one $250 and one $600...
Minimum payment on each (this is just an example I am making up):
1. $15
2. $20
3. $30
Month 1: Pay $30 on card 1
2. Pay $20 on card 2
3. Pay $30 on card 3
Do this for 6 months ($30 on first card x 6 = $180) then you'll pay the $20 on the first card the 7th month to pay it off.
Month 8: 1. Card 1 is paid off
2. Pay the original $20 PLUS the $30 (from the money you used to pay on card 1) to make a $50 payment on card 2 (you only owe about $130 on card 2 at this point)
3. pay $30 on card 3 as usual
By Month 10, your first two cards will be paid off. Then you take the $50 from card 2 and add it to the $30 for card 3 making the payment you give to card 3 $80 per month.
You won't feel any difference in your living conditions because the money was going out for bills in the first place. And you'll pay off your debts a lot sooner than just making the minimum payments.
Good luck! :) |
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mk2004
 |
make a list of all the money you owe, and then figure out the maximum amount you can spend on them each month.. goodluck |
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4HIM
 |
You must pay more that the minimum. If you can, transfer the balance to a much lower interest rate on another card. It will cost you to have to pay about 3% of your balance to do this.
Be certain that the low interest rate will last until balance is paid off. Never, never, never do the 0% balance which will only last for a short time and then the interest rate will be high unless you can transfer them again to another 0%.
Stop using credit cards. I know that it is hard due to having to pay off the ones that you have but, cut your expenses and/or find a way to make more money. Hang in there it can be done and don't close those accounts just don't use them. |
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Todd S
|
Like others said, with money. But if you want a more in-depth answer, you can do things such as balance transfers that pay off the credit cards and move the balances to a new credit card at a lower APR.
You may have heard about 0% APR for 12 months...this is basically an incentive to move your credit card balance to a new card issuer to avoid paying finance charges each month. It will also buy you time to pay down those credit cards without dealing with new interest charges.
Learn more at http://www.thetruthaboutcreditcards.com |
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Richard F
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Get them on the lowest rate you can find. Kite them. Pay as much as you can. And do not charge more. |
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*****
 |
By any means possible, because if you just pay the minimum due each month, you are in for a 25-30 year debt. |
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gimp3836@sbcglobal.net
|
I always recommend the same process.
Make a list of all your debts, to include the balance due and the minimum payments.
Determine the MAXIMUM you can apply to the whole pile.
Select the bill with the lowest balance due and put it aside.
Make the minimum payment on all the others.
Take the remainder of your money and apply it to the lowest balance.
When you pay that card off, repeat the process.
I have tested this procedure on several peoples situations and find it is the best way to eliminate debt with the least money out of pocket.
Every dollar you pay above the minimum is applied to principal. When the first one is paid off and you attack the second you will really start seeing a rapid decline in your overall debt. Just keep track of all the debt on a monthly basis, those records are moral support and every time you make a final payment it is a big boost toward that final final payment.
This process is like a roll of toilet paper. The closer you get to the end, the faster it goes. Remember every dollar applied early is worth a dollar in interest later on. OK, sometimes more and sometimes less but always significant.
Good luck, you have made a great decision. Now carry through with it. |
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CSUflyer
 |
VERY QUICKLY!! The longer you keep balances on them, the more of your hard-earned more you end up paying to the bank for that wonderful "convenience" of borrowing their money. Do whatever you have to, including a 2nd or 3rd job, cut back expenses and going out, at least for a short while, and pay them off quickly. It sounds tough but you're truly the one that benefits later on from those sacrifices. Then stop borrowing money for a fee and start using cash for everything or pay off your cards every month. Good luck! |
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See Saw
 |
Credit card debt consolidation adds up all your unpaid balances and converts them into a single payment. This payment is far lesser than each of the individual payments. When you finalize a plan with a debt consolidation company, the company repays your dues to your creditors. Then you make a single payment to the consolidation company every month. Your average new interest rate is much below the old interest rate. |
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Adam T. Hurd
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If you own a home I can not only show you how to pay off your credit cards, but how to make that debt useful. Such as tax write offs and lowering your over all payments.
Adam
516-472-7200 ext 303 |
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MikeD
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Consolidate those cards to one card with a low or 0% rate on transfers and set a budget to pay that off. Don't close the old cards, it will hurt your credit score. Focus on paying that debt, don't buy anything you can't pay for within that month. You'll have that paid off in no time |
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q6656303
|
get a job
stop spending money
cut up the cards |
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ELAINE C
|
get a low interest credit card and move all the other credit card debt onto it. then close the old credit cards. then pay more than the minimum |
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deviant_deviltry
|
Pay as much as you can each billing period. If the minimum payment amount is only 15 bucks, don't just settle for that. If you can afford to pay $200, then do it. You might have to cut back on some of your leisure spending, but it's better than staying in debt, right? |
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blakereik
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Check? Money Order? Cash? |
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Shauno
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With money |
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