How To Fight Credit Card Debt With A Balance Transfer Option

A BALANCE TRANSFER MIGHT BE THE OPTION THAT WORKS FOR YOU   Ah, the New Year, a new perspective, a new way of looking at things in our lives. For lots of people the New Year means making resolutions or promises to themselves to stay on track with their goals. Maybe your New Years Resolution is keeping that promise to yourself about quitting smoking and saving money at the same time or just saving money, starting a budget or starting a new career or second job. Beginning your year with a monthly budget can be a great start to tackling your debt. We’ve been using a budget for a number of years now and track all of our income and spending which includes asking for receipts. Sounds a bit boring but in part this is what allowed us to become debt free before we were 40 years old. Ultimately whether we had debt or not our budget allowed us to see what’s costing us more than it should and to adjust our spending habits to compensate for it. Related: How to create a results driven budget for 2018 I’m not going to lie to you, having a second job helped […]

Worried about making online payments? Here’s why PayPal is the perfect solution

PayPal is easily among the biggest online payment systems across the world. Today, PayPal is accepted as a safe and reliable payment gateway by customers and merchants over the internet, and has become an accepted payment method at several online casinos. PayPal’s efficient and reliable model has made it an accepted payment method at several top online casinos like Betway, Jackpot City, Spin Palace and Leo Vegas. Here you can click for more information about the casinos that accept PayPal for deposits and withdrawals. Below we’ve compiled a list of the biggest advantages of using PayPal, and after going through them you’re likely to start using it for all your online transactions. Since starting Canadian Budget Binder I’ve used PayPal services for this blog and now personal purchases. What I love about is that it’s instant and most online shopping outlets accept it. It’s also safe and verifies their customers which is a big deal for those people who worry about online purchases.   Credit card security   While creating a PayPal account, you’re required to enter the details of your credit card and bank account, with which you can make payments online. After entering these details for the first […]

5 Ways To Save Money By Using A Credit Card

CREDIT CARDS ARE MORE THAN JUST A BACK-UP PLAN!   There’s no doubt you need to be careful with credit cards. There are people of all ages throughout Canada struggling with credit card debt in the thousands or tens of thousands. And if you start missing payments, your credit score will be in danger, which will affect your ability to acquire assets and may even limit your employment options. Related: How to avoid turning $1 into a $29 Credit Card fee However, credit cards are not inherently bad. Money mismanagement is, and the two don’t necessarily go hand in hand. If you are conscientious about how you use your money, you can actually save money by taking advantage of credit cards. Instead of battling to pay installments, you can live the lifestyle you choose without letting the debt ever get out of hand. There are multiple ways to save money using a credit card. These are 5 of the most effective.   1. Transfer your balance to a 0% APR credit card   If you are already carrying credit card debt, there is a simple way to get out of paying crippling interest. Many credit card companies offer a 0% […]

How To Build An Inexpensive Summer Highway Survival Kit : The Saturday Weekend Review #228

THE BEST MONEY YOU WILL SPEND IS BEING PREPARED JUST IN CASE SOMETHING HAPPENS ON THE HIGHWAY.   Having a summer highway survival kit in your trunk is not just important to have, it’s vital. A few days back there was a chemical spill from a truck that crashed which closed the 400 series highway by Newmarket, Ontario between Hwy 89 and 9 for 11 hours. Related: Frustrated drivers trapped for hours on 400 highway for chemical spill Reports of tweets from parents complaining that their kids have not had food or drink to eat were popping up and overall frustrations of the slow chemical spill clean-up. Generally any time I’ve been held up on the highway between Toronto and the Greater Toronto Area all the way up to Windsor and London I plan for a holdup. They do happen and happen often and I’m always ready for the, ‘just in case’. Although concerns are important from motorists stranded on the highway especially medical emergencies motorists need to be responsible when travelling. Don’t have the “It will never happen to me attitude”, because it could. You might not have everything you need in your prepared highway summer survival kit BUT […]

How To Avoid Turning One Dollar Into A $29 Credit Card Fee

A CREDIT CARD HAS ONE MISSION-TO MAKE MONEY.   Would you open your window while driving and empty your wallet out? Laughable, however too many of us do this without even knowing it. Never ever just open a credit card bill or any bill and just pay it. If you do this then you run the risk of throwing money out the window. This almost happened to us but thankfully we DO read our statements and found a surprising credit card fee that was not expected. Related: Why you should always read your grocery receipt Besides earning rewards some people they pay a heavy price for holding a credit card balance and paying the minimum. That’s really not what I’m going to talk to you about today though. Quite the opposite actually which not only sent us to the telephone with our jaw dropped but to find out almost all credit card companies do this. Credit Card Fees…. there’s more than 1. We’ve never once paid any interest to a credit card company and don’t plan to begin but this isn’t an interest charge it’s an over credit limit charge. If you thought that your credit card would send out […]

7 Facts about Credit Card Loans That make them Overshadow Bank Loans

FROM TIME TO TIME YOU MAY BE FORCED TO MAKE FINANCIAL DECISIONS WHEN YOU DON’T HAVE AVAILABLE SAVINGS.   There are options with-in reach for those of you who are struggling to get ahead provided you find one that works with your budget. In this era of digital transactions, credit cards have a myriad of uses ranging from cashless transactions, reward points to special deals. In fact Mrs. CBB and I typically only use our credit cards to make purchases because of the perks. We pay our credit card in full at the end of the month and hardly ever have to step foot into our bank. Credit cards offer the convenience of shopping almost anywhere across the globe with a swipe, tap or insert payment option. If handled correctly credit cards can be a source of freebies and financial help in the event you are stuck without emergency savings as back-up. Even if you do have savings, sometimes they are just not enough depending on the circumstances. In addition, you can access a fast pre-approved loan within and sometimes over their credit limit. The company advances you the amount that you can pay at a later date with a […]

Change Your Life With The Perfect Pair Of Shoes : The Saturday Weekend Review #223

LIFE-CHANGING EVENTS HAVE THE POWER TO TAKE AWAY YOUR DREAMS OR OFFER OPPORTUNITY.   I’m not selling shoes or even marketing them in this blog post. No. I’m sharing with you how important it is for you to pick the perfect pair of shoes, toughen up and find the riches that you dream of. This is a story about two sisters 10 years apart and on two different financial journeys. It’s tough for siblings to sit back and watch each other grow up because they venture in different directions for school, career and love. What’s even harder is being successful and then watching family members suffer financially. It’s hard to be happy but we know that in order to change your life you have to accept failure, learn from it and move on. How many pairs of shoes do you own and wear? Most people have 1 pair of shoes which is really all you need to get what you want from life. Don’t let anyone tell you that in order to become successful you must look a certain way. Accessories are just that, extra stuff you don’t really need and that includes shoes. Walk in my shoes for a […]

How To Keep Debt From Causing A Marriage Crisis

EVERY COUPLE HAS A STORY TO TELL BUT YOU PROBABLY WON’T HEAR ABOUT IT.   A marriage crisis is about to turn your world upside down, so what do you do? You write me an email looking for a twinkle of hope. Marriage is knowing you’re in love with someone but not sure if you can continue to love them based on events that occur in future dealings with-in your relationship. This is where YOU needs to become WE. What does this all mean? This means that anything can happen even to couples who are in love. One minute you’re all mushy about each other and the next you’re ringing up the lawyer because you no longer can stand each other. The annual amount of divorces in Canada tops 70,000 according to the feldstein-family-law-divorce-fact-sheet-2016. Not only that but 33% of first marriages end in divorce. Some of the reasons for divorce documented from Stats Canada in the fact sheet states the following; Communication breakdown Unreasonable behaviour Infidelity Midlife crisis Financial issues Physical, psychological or emotional abuse Relationship “runs out of steam”/fall out of love Where did you both go wrong? Most often lack of communication leads the way to a bigger […]

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