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You are here: Home > Finance > Wealth Building > Wealth-Why Your Credit Card is Probably the Single Biggest Leak in Your Financial Wealth Bucket |
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Casual Articles - Wealth-Why Your Credit Card is Probably the Single Biggest Leak in Your Financial Wealth Bucket
Monitor Your Closing Rate Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!Know Your Closing PercentageThe Closing Rate is a benchmark to measure the performance of marketing activities. A business with a high Closing Rate is less dependent on advertising to drive traffic. As a new business owner you might have to gues As a final comment on credit cards, let me ask you a question. Why do you World's Uranium Companies Heading to U.S. Stock Exchanges I have to admit something. I got a real shock today. You see, I just received my latest credit card statement. Today, for the first time in a long time I took a good hard look at it. Normally, I just look at the transactions, check them off and pay the damn thing. Today I read everything.Three years ago, one could only find Cameco Corp (CCJ) trading on the New York Stock exchange. As of late November 2006, Energy Metals Corp (EMU) began trading on the NYSE ARCA. Energy Metals is currently developing their Texas uranium in situ recovery mine f For some reason I had it in my mind that the current interest rate was somewhere around 15%. That is EXPENSIVE, particularly if you have a large amount owing. I kept scanning the card trying to find the exact interest rate that I was being charged on my purchases. Eventually, I found it. There it was - on the BACK of the statement. It wasn't 15%. No. It was 19.24%! My eyes widened. 19.24%? When did it reach THAT ridiculous rate? You have to admit that an interest rate of almost 20% is absolute daylight robbery. Who else but a bank or a finance company could get away with this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender." Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch! Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T! As a final comment on credit cards, let me ask you a question. Why do you t Wyoming Could Play A Key Role in U.S. Nuclear Future or some reason I had it in my mind that the current interest rate was somewhere around 15%. That is EXPENSIVE, particularly if you have a large amount owing. I kept scanning the card trying to find the exact interest rate that I was being charged on my purchases. Eventually, I found it. There it was - on the BACK of the statement. It wasn't 15%. No. It was 19.24%!“Geology is 90 percent terminology and 10 percent science,” laughed Ray E. Harris, one of Wyoming’s leading geological theoreticians, having been with the Wyoming Geological Survey since 1982. He died on March 7th. Two weeks earlier, we met with and interview My eyes widened. 19.24%? When did it reach THAT ridiculous rate? You have to admit that an interest rate of almost 20% is absolute daylight robbery. Who else but a bank or a finance company could get away with this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender." Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch! Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T! As a final comment on credit cards, let me ask you a question. Why do you Warehouse Management as - on the BACK of the statement. It wasn't 15%. No. It was 19.24%!Warehouse management is the technique of supervising the receiving, handling, storing, moving, packaging, and distributing of materials in and around the warehouse. They deal in finished goods and involve functions such as cross-reference lists and warehouse My eyes widened. 19.24%? When did it reach THAT ridiculous rate? You have to admit that an interest rate of almost 20% is absolute daylight robbery. Who else but a bank or a finance company could get away with this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender." Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch! Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T! As a final comment on credit cards, let me ask you a question. Why do you Why You Need Antispyware Tools this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender."You notice significant slowdown in your system performance. You have been experiencing slow and choppy internet connection. Your monitoring system shows an abnormal level of CPU activity. Your system is unstable as it often hangs and crashes. Your mouse poin Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch! Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T! As a final comment on credit cards, let me ask you a question. Why do you Signs of a Legitimate Debt Settlement Company Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!According to recent studies, the average American household has nearly 20 debit and credit cards, with an average of $500 charge on each one; and due to the 2005 Bankruptcy Abuse and Consumer Protection Act it’s making it harder than ever for consumers to hav As a final comment on credit cards, let me ask you a question. Why do you think that banks only want you to pay the MINIMUM amount off your credit card every month? Think about it... 3... 2... 1... Bzzzz. Time's up. What is your answer? The answer is - because if you do that you will take MUCH longer to pay the money back and they can KEEP charging you the exorbitant interest. The whole credit card scam - I mean, scheme - is designed to keep you shackled to EXPENSIVE debt for as long as possible. Make it your mission to get out of that trap as quickly as possible. It is one of the BIGGEST leaks in your financial wealth bucket.
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