GossipSecretaries.com

Your Email:

Your Name:

To:

Subject:

Message:
I hate credit cards.  It is not that I am against credit cards.  Not at all!  I fully recognize that credit cards are indispensable in today’s “plastic era.”  In fact, I have credit cards and I use them on a daily basis. It’s not that credit cards themselves are all that bad, it’s that most people don’t really know how to use them responsibly (including me).  The biggest challenge for a credit card holder is how to keep control of all the credit cards they have, how to avoid their high fees and how to avoid running a high balance on every single one of them.  We all know that we should get rid of some of our credit cards.  But, what do you do when you have a foolish, intense and even extravagant desire to score one of those limited-edition red shoes and you don’t have the cash to get it?  Credit cards should not be used to satisfy our shoe shopping addiction. Check out the Never Never Credit card video posted on YouTube by KyleChristie and created by/for Oldmanpie.net. But, if you still want to score those limited-edition red shoes and you are fully aware of the consequences of paying high fees and keeping high balances on your credit card, here are some tips that will help you reduce your credit card cost so that you can swipe the card without feeling that bad! Reduce the number of credit cards in your wallet.  You don’t need two VISAs, two MasterCards, two Discover, one American Express, four department store cards and three gas cards. Cancel credit cards with annual fees.  You should cancel all of your credit cards that have an annual fee, unless you seriously rely on the extra perks that come along with these cards, such as earning miles for free plane tickets.  And, if you do not want to cancel them, give them a call, chances are that they will waive your annual fee if you ask them. Reduce your credit cards interest rate.  You do not have to pay high interest rates.  Call the credit card companies and tell each one of them that you’ll transfer your debt to another credit card unless they reduce the fee.  You’ll be surprised what many are willing to do to keep your business. Cut up 60% of your credit cards today.  You will never lower your balance if you keep using your credit cards.  Unless you absolutely have to use them (and trust me, I understand, I’ve been there) get scissors and shredders ready to take care of the job!  http://www.gossipsecretaries.com/blog/item/dealing_with_the_swiping_the_card_habit/