College students are in credit card debt. Bill Quain, Ph.D., shows how one student payed $39.95 for a cup of coffee because of card penalties. Learn how to stay out of credit card trouble. www.collegesuccessforless.com

With rising wages and earn money with the slower pace of all necessary expenses and to pay household bills caused by rising gasoline and food, one thing can save us, regardless of the economic and financial situation the country. In this article we will discuss how to identify strategies to save money. a) If you are unemployed, otherwise you must pay yourself, with 10% of their gross revenue savings deposited first, then spend the rest with caution. b) Pre-agreement approved by the survey: the employer to transfer your salary to your account to pay your savings account, and then pay the car before picking up only 90% of your salary to your bank account for all household expenses . c) the cost of their own. i) The record for each expenditure. ii) make only small amounts of money with you. d) be realisticYou must think clearly and carefully all the costs on their own. e) Use credit cards wisely) not to be seduced to buy things that do not require the availability of easy money from credit cards) Always remember that the sky rocket card interest rate and loan company, so usually between 20% to 28%. iii) any credit card purchase should be considered a cash transaction. f) Avoid unnecessary banking expenses) not sufficient funds (NSF), charged by your bank. Make sure you have sufficient funds in your account to verify the scope and validity of payments authorized. ii) Organization for Security discovered (the bank will charge for this service) to a predetermined limit. g) Establish an emergency fund) 'important to have activities covering 4-6 months of expenses, and easily converted into cash. ii) the emergency fund investment in money market funds, bonds and Treasury bills earn interest. iii) Do not use a credit card or any other form of loan, such as emergency fund, because the interest is high for comforediv) Do not put your emergency fund in an RRSP or K401, K401 to withdraw from a fund or funds RRSP are taxable as income. h) Description of income tax lawsWith understanding of tax laws that directly apply to your situation, you can improve cash flow and overall financial situation, paying only the minimum amount of the payment request. I hope this information will help. If you need additional insurance information or a series of articles on the subjects mentioned above to my home page at: http://medicaladvisorjournals. blogspot. comhttp: / / lifeanddisabitityinsuranceunderwriter. blogspot. com

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Online Money Tips - Did you know that lots of the store Cards are charging up to 50x the base rate!

Your not reading this wrong.. your eyes are not deceiving you, you may just be
paying 50 times plus for your store cards. These are the high street 'big names'
as well not some small shops trying to pull some sort of scam.

The problem lies in the fact that lots of shoppers do not class these cards as
standard credit cards and the unwary shopper falls into a sense of loyalty to
the store themselves. How many people that have a store and credit card class them
as being the same thing? not many in reality.

These card normally start off with the standard 'buy now and pay later' and combine the
offer with a free interest period of normally between 40 and 60 days. After this free credit
period period is over you then start to pay an average rate of anything between 18% and
29% for purchases and 25% upwards for doing a cash withdrawal. I for one think that this
is just not worth the costs involved.

Which of the major brands are the worse?

Well, normally it's not who you would expect with the top offender being the 'creation
Account Card' (these can be used in various stores and you can find these out via the
stores listed within the DUET network list). These cards charge a whopping 30.9% APR!!
Just look at this for a moment... the current base rate is around 0.5%, so how much of
your hard earned cash is being lost through the use of these cards? In reality it is
a huge amount.

Can you guess which high street well known brands are next in the list at 29.9% APR?
Well next in the list are the popular store 'Miss selfridge', 'outfit'. 'burtons',
'Dorothy perkins' and 'wallace'.

Next we have a tad lower rate at around 29% APR.. This may be a little lower but still
extortionate.. Here we have some of the other favorites 'bhs', 'new look' and 'oasis'.

The lowest rate I have came across would be around 15.3% APR which is still huge and
this was from 'Fortnum and Mason'

So what is the best route to take if you have a store (credit) card?

If you in a position to do so, then I would seriously advise you to pay off you remaining
balance on the card as soon as possible. Then cancel the card itself and cut it up.

If you have a large amount of debt on the card and cannot afford to pay it off then don't
worry I have a plan for you as well

Find the best 0% on balance of transfer 'credit card' (ie. master card or visa) and use
that card to pay off the balance on your 'store card' then cancel your store card and
cut it up. At this point you will be in a better position to pay off the debt within
your 0% APR period without accruing any interest as you would have done with the 'store card'.

Now take your new credit card and cut it up / destroy it, so that you do not have the
ability to use it when tempted. Once you pay off the outstanding transfered balance then
cancel the card.

This is the best way to reduce your debt and get rid of your store cards.

Hope this was helpful and opened a few people eyes to the 'rip-off' store cards trap
that many people unknowingly fall into.