We have always kept tight reins on our finances and the peace of mind that goes along with that is invaluable.
I realize however, that many are struggling during these times, so I asked for some advice from a CPA friend of ours.
He said that what he would recommend that those who are drowning in credit card debt would be to look into a balance transfer credit card. This would enables a person who has credit cards charging high interest rates to transfer that balance to a card that is offering 0% interest rate. That would save you a ton of money right off the bat. Then, you could take that money that would normally go towards interest and apply it to your balance owed, thus paying it off sooner. What an excellent suggestion! Don't you think? I sure hope this helps those of you that are feeling stressed over your bills!
Until next time,
Mary
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1 comments:
Hello,
I apologize for the inconvenience but would greatly appreciate it if you could remove the link to Smart Balance Transfers on
http://bountiful-books.blogspot.com/2008/07/help-for-these-financially-challenging.html
Thanks for your help. I really appreciate it. Have a great day.
Best Regards
[Amanda]
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