Get Out of Credit Card Debt

Credit card management is not easy even for a practical person like me. How do you manage your card?

- Have a small notebook with you where you can jot down what you have charged during the day on your card. This will remind you of how much you have been using.

- Let your cellphone be your guide when using your card by marking in the calendar the cut-off date of your card. How will it help? When the cut-off is near and you are on the ceiling of your allowable expenses(read: just within your means to pay),postpone using the card until after the cut-off.

- Savings versus credit card payment? If the finance charges is higher than the interest rate of your savings, opt for paying off the credit card debt for the month than stashing those in your bank account.

- Assign the cards on certain expenses. For example, one card should be used only for groceries or household expenses, the other for personal expenses like clothes and shoes, etc. You will be able to track if you are within the budget or not.

- Do not buy groceries without a budget.

- Do not schedule your shopping before meals.Hunger makes you buy more than you need.

-Pay on time.

Do not let your credit card control you. If you think that you cannot stop yourself from using the plastic money, leave it at home.

Tips on How to Earn Holiday Money

Holidays are fun but it means getting overboard when it comes to your budget. And unless you are a money guru managing your finances during this time of the year is something that everyone have to work out.

The Christmas Bonus is not for spending. It must go directly to the rainy day savings. Exert effort on how to earn money that will be spent for Christmas.

1. If you love baking, sell brownies and cakes/cupcakes during the holidays. This is a good business idea for those who have the baking skills.

2. Offer services like holiday shopping for individuals who have money to spend but no time to spare. Service rate? Your basis should be on how far the store is and the length of time you will spend for the shopping.

3. For business minded people, retailer or wholesaler business is just right for you. A kiosk on malls selling goods that are best for gift giving is the best deal.You can start scouting for available lease as early as now, October.

4. This is something that once a trend among kids and will always be for every new generation of kids to come: personalized items. And since almost all kids in town will have their Christmas money to spend, set up a both selling personalized item on malls and markets. You can even go as far as offering this to companies who provides company favors annually.

5. Additional job. Of course this is a little bit time consuming but getting another job so that you will survive the Holiday financially fit is worth it. Try online jobs so that you can work at your own pace and time.

There are lots of other opportunities were you can start moneymaking. Just look for gaps that you can fill in. Who knows this can be not just your Holiday moneymaker but your goldmine as well.

Get Out of Debt

Since this blog has been neglected for sometime now, and finally the Author noticed that it exist it will finally have something more to say and share. This blog is all about saving money and frugality so watch out for more tips and guides on how to save money and how to earn too.