Statistics show that the average American has over $8,000.00 in credit card debt. If you fall under that credit card debt range, then you’ve got some major cleaning up to do. There are millions of people who have come out of some heavy credit card debt, so now it’s your turn. Follow these 5 steps to be on your way to being credit card debt free.  First thing, you need to stop the credit card offers. You want to get away from...

One of the most important life lessons you can teach your kids is to develop successful money management habits  and  a sense of financial responsibility. When it comes to teaching your kids about money, the sooner they learn the better. Help your child understand the value of saving money.  Here is where you start showing them the importance and the  benefits of saving money. This can be done with a simple but balanced form of an...

So I managed to bring my credit card debt down to an even $4,000.00 just this past weekend. Paid off $1,404.22 out of the $5,404.22  which brought my total to an even $4,000.00 I plan on paying off a little more as soon as I receive my refund from my federal return. My goal is to bring it down to $3,000.00 by next week. It would be nice if I could have it completely paid off before summer starts but I doubt that will happen, simply...

Did you know that the average American household with at least one credit card has nearly $9,200 in credit card debt? That’s quite amazing isn’t it? Looking at the number, it is a little hard to believe that the average is so high, but when you realize that our nation is built on credit, it becomes a little more easier to gulp down. There’s the good and the bad: When I look at debt, I see it as two kinds of debt....

I know most pf bloggers would disagree with me on this one but I actually think that carrying credit cards instead of cash will save you more money. I actually have been experimenting over the past few month on what I prefer over carrying over the two. For one period of time, I went living only on cash and cash only. So that means no credit cards, no debit cards, no plastic. I would go to the ATM once a week, to my own bank to avoid the ATM...

Wow, all these years paying my credit card on time and it looks like it’s finally starting to pay off. I have now been trying to build my credit for about 3 years now, consistently checking my credit report and making sure to meet my payments each month and finally, my bank decides that they can “trust” me with a credit card with 25,000.00 dollar limit. Woot! My first credit card had a limit of 2,000 dollars and back...