05/28/2014

Strategic Steps

He is overwhelmed with its debts of credit card? It would want to be able to return to sleep calm in the nights knowing that to not it must nothing him to nobody? Without a doubt the indebtedness is one of the greatest damage of the statement of account of the great majority of the families nowadays. The common American home has an average of 10 credit cards and 50% of them almost have difficulties to pay their monthly account. The credit cards have invaded the homes of the 21st century. They are very easy to obtain and too tempting to use it. It is demonstrated that the consumers spend 12% more than money when buying with credit card instead of to use money in cash.

It is very easy to fall in a habit of excessive expenses when it must only slide a card to cancel an acquisition. Very few are conscientious of the expensive thing that cost to slide that tarjetita. It is thing to carry out simple mathematical calculations. For example, if the balance of a debt is U.S. $8,000 to 18% of interest and the minimum is being pleased monthly, it is going to take 25 years in paying the account.

It is going to pay U.S. $15,000 in interests, almost the double of the amount of the debt. That gives a total amount him of the debt of U.S. $23.000. On the other hand, if You have a debt by which You must pay U.S. $200 monthly, if she took that same money she invested and it to 12% in a mutual bottom, in 25 years You could retire with more of a million dollars! It is time to face the monster of the indebtedness of credit cards! How to do it? Next I will describe an effective strategy to him to leave its debts of credit card.
May 28, 2014 3:37:23 AM

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