Month: July 2019

Can’t you live without your credit card? This is what you have to do to get rid of them

There are those who have seen the use of a credit card as a necessity. In that sense they have fallen into a vice from which they cannot leave.

Are you one of those who cannot live without cards? We have news for you! It is an evil that has a cure and now you will discover how to get rid of this terrible suffering.

Change the chip: start with a debit card

Change the chip: start with a debit card

Sometimes changing the chip is difficult, especially when we are used to take out the plastic every time we pay. Help yourself and start using a card, yes, but debit. That way you will only be paying with money that is yours.

Wallet with cash

Wallet with cash

If you want to keep better control of what you spend, using cash can be an option. That way you will know how much you have left in your accounts to spend the rest of the month. I know it doesn’t sound easy, but it will help you control your personal budget .

Separate money

Separate money

One trick that has worked very well for me not to exceed my monthly expenses is to separate the money I will use for each purpose. Thus, for example, you can divide your weekly expenses or your expenses in a more timely manner, by month.

Open a savings account

Open a savings account

Ideally, according to personal finance experts, we save at least 10% of our monthly income. It will help us in an emergency and also allow us to have funds for other purposes, such as a trip. Having savings will prevent you from using credit for some important expenses.

Finally, I also advise you to think before using your credit card : Do I really need what I am going to buy? Would something bad happen if I don’t buy it? If the answer to both questions is NO, then try to avoid spending, so put your card back in your wallet, many purchases are really not necessary!

How to identify the most advantageous payday loan?

Loans, both home loans and personal loans, are extremely low at present, practically halving in recent years, and many are taking advantage of opportunities.

However, it is not worth choosing the first offer that appears to be favorable, which is a sight in an advertisement. Not to be frustrated with our financial knowledge, it is easy for laymen today to identify themselves with what the market has to offer.

Experts advise you not to waste your time, review all available options – we may run into a much better design. Calculators on the internet list all the loans available to us in minutes.

Are you sure you want to borrow 25 percent?

Are you sure you want to borrow 25 percent?

Banks currently have a fairly large ‘playing field’ and personal loan offers vary widely. There are loans in the market with a monthly APR of 24.86%, but at the same time a repayment of 7.73% is available. The average APR is around 15%.

It is no coincidence that the willingness to take out bank loans has steadily increased in recent years. Many people cover the additional cost of a home loan with a personal loan. For this type of loan, there is no need to provide cover for the loan, although it is therefore more expensive than, for example, a home loan.

High income, low APR

High income, low APR

Above, we did not accidentally write that the calculators are available to us, as the offers vary widely depending on the client’s monthly income, but also how long you have a working relationship with your bank. That is, the bank looks at all the important risk factors and only gives cheap credit if it considers repayment guaranteed.

If you can earn more than $ 200-250 a month, you can choose from the best deals. Even in such cases, it is worth taking a close look, as there are such differences in borrowing a $ 1 million loan that you can earn as much as $ 4-500,000 if you choose the best repayment.