Make your own free website on Tripod.com
Dollar Signs Dollar Signs Dollar Signs Dollar Signs Rainbow
Credit cards Pix

PLASTIC SURGERY - OR THE REMOVAL OF CREDIT CARDS

Dollar Signs

We believe that credit cards are a great convenience that millions of us use all the time for dozens of reasons. These things are also great sources of financial pain and suffering. People get caught up in the really low mimimum payment schedules and the easy ways that they can get cards. And what has happened? Record numbers of people find themselves in bankruptcy court. Even that has become totally devoid of stigma.

Dollar Signs
What's the answer? This is what we do in our own personal finance life and it is what we recommend. We have only one card. We use it to guarantee hotel rooms, get rental cars, airline tix, and to make purchases when there is a really good SALE on something we want or need. We have also used it to pay for things or get services we want here on the Internet/World Wide Web. We have no problem using the SSLs etc. that are here to protect us from the bad guys. And, most of the time, we pay ALL the balance EVERY time we get a statement.

Dollar Signs
How should the "surgery" be done? If you want to reduce your holdings (pardon the pun) of credit cards, then you have a few options. Pay them off as fast as you can. Pay the one with the smallest balance, then take that payment and add it to the next one, and so on until you're done. Pay more than the minimums where possible. It can take YEARS to pay off a balance by paying minimums only. Get a home equity loan. The interest can often be tax deductible. CUT THOSE CARDS UP AND THROW THEM AWAY!! Call the credit card companies and tell them you want the accounts canceled and to be sure that the credit bureaus say the account was canceled by you, the consumer.

Dollar Signs
Now think about how much more money you have to invest instead of letting the credit card companies make all the money!!!

Rainbow

| HOME | Opening Bell | Train Wrecks | Gurus - Fallacies | Leaky Faucets | Four Oh One Kays | IRAs - The Grapes of Roth |
| Dollar Cost Averaging | My Portfolio | Opinions - Yours, Mine and Ours | Surgeon General's Warnings | Mutual Funds |
| Plastic Surgery | Infernal Revenue Service | Financial Planners - Our View | Investment Scams | Closing Bell |
| Disclaimers | Monthly Payment Calculator | Links - General | Links - Kids, Teens and Young Adults | On the Lighter Side |

We belong to all the following
Paid To Click programs!!!
We have received a LOT of payments from them!!
We are recommending only these as we have tried others
but they had problems of one kind or another...
We invite you to join..some have signup bonuses!!!

MardiGrasCash

BIRD CRAZY MAIL

DRIVING CASH

TOTALLY-DUH GET PAID

Play this game EVERY DAY !!!
Try aLottery.com It's FREE

PLAY LOTTA FUN LOTTO!!
A 6/35 Weekly Lotto Game - FREE

Click Here!






425-11112005