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Credit Cards: Top 7 Mistakes That Card Holders Make
You need to manage your credit cards wisely. Otherwise, you may end up in financial trouble. Unfortunately, there are many who don't realise that they may be making huge mistakes with the use of their credit cards. Here are top 7 credit card mistakes that ...
Introduction to Consumer Credit
Consumer credit refers to credit in some form given to the consumers. It is a way of financing a client on condition of a deferred payment, at a later date or within a particular period of time. The businesses that provide consumer credit facilities ...
The Truth About Prepaid Credit Cards
Prepaid credit cards have been around for over ten years now, although they are just now coming into the spotlight. Prepaid credit cards are basically credit cards backed by major credit card companies that offer you the ability to deposit money onto the ...
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It's easy to kid yourself that you'll pay off the balance at the end of the month, but ask yourself this: If you are going to pay it off at the end of the month, can't you just wait till the end of the month and pay cash? The only way to become debt free is NOT to use the card.
Destroying a credit card is a very empowering thing to do. Think of it as one in the eye for those greedy companies who thrive on other people's misery, because that is exactly what credit card companies do. They don't make money out of people who pay their balance each month, they prefer the ones who pay the minimum amount - and the bigger the outstanding balance the better it is for them. Resolve today to fight back and become empowered by destroying your credit card!
But don't think that cutting up the card is the end of the story. Oh no, there are some some fun ways of enjoying the experience too. Before employing any of these methods however, it is important to first cut the card up into several pieces with a pair of scissors (make sure you cut through the
card number and the signature strip).
Armed with your freshly cut up credit card you might like to consider:
Fire - Do you have an area in a back yard where you can safely burn things? There is nothing more satisfying than the ritual burning of a credit card.
Earth - Dig a hole at least 18 inches deep and bury the offending card. If you want to be really thorough, you could dig several holes and split the pieces up.
Water - If you live near a river or the sea then place the pieces of your credit card in a weighted bag, take a boat trip and at a suitable moment drop the bag over the side.
Air - Wait for a particularly windy day and then climb to the top of a steep hill. After a brief moment to remember the debt, scatter the pieces into the wind.
Whichever method you employ, I suggest you accompany the occasion with a glass of wine to celebrate your future debt free life.
You are probably by now thinking my ideas are a little crazy? Maybe so, but paying the credit card companies hefty interest charges each month is completely insane. Think about it...
About the author:
Anthony Denton first got interested in credit card debt after accumulating a negative balance of £10,000. For more information about credit card debt relief visit credit-card-de bt-relief.blogspot.com
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