Winning the Game of Credit Cards

Winning the Game of Credit Cards
  • Opening Intro -

    Financial success is important for everyone and for people in all walks of life.

    The road to financial success is often paved with good intentions.

    The best way to get ahead is to have goals set and a road map in hand.

-------------------------------------

By Peter Sanders

It has been said that those who write their financial goals down are more likely to succeed. With this in mind, you will want to begin your financial journey with a well-rounded wealth of solid financial information.

Financial Goals

Start out by setting goals for yourself on a weekly or on a monthly basis. When you set financial goals, you will be more likely to keep track of your spending and savings. In short, it is the easiest ways to keep yourself accountable and on top of your finances. You can keep a small notebook and pencil in all your transactions or invest in software that allows you to do this on your computer. You can also check out a few books on the subject and learn how to create your own budget that is specific for you and your family’s needs.

Next up, if you are deep in credit card debt, you will want to address this issue. Instead of letting credit cards control you, you will want to control your debt. Start out by calling your current credit card companies to see if you are eligible for lower interest rates. If you are, then you will be able to get ahead financially with the lower rates. If not, then it may be time to consider transferring to a new credit card. Make sure the interest rate is low enough that it will be worth it and that the transfer fees are low enough that it makes financial sense. You will also need to start paying above the minimum payment. If you are only making minimum payments, you will basically be running in circles instead of getting ahead.

Credit Limits

Try not to have more than one credit card at a time. When you have multiple cards that you use on a regular basis, it is easy to lose track of how much you are spending, and dig yourself deeper into debt. Instead, use the lowest interest rate card that is available to you. Also, if you do have multiple cards, try to zero out the balance on all but one, just don’t shut them down. Shutting down credit cards can actually hurt your credit card. Instead, pay them off and put them away.

As you begin making these changes in the area of credit cards, you will begin to see the light at the end of the tunnel. Yes, it is going to take time. But, the payoff of having control over your debt will be well worth it. Then, once you are comfortable with credit cards and no longer have huge debts hanging over your head, then you can focus on using credit cards for rewards. For example, many credit cards offer cash back incentives or frequent flier miles. Just make sure you read the fine print in order to make the right choices.

By following these simple financial rules and tips you can win the credit card game. Instead of working to pay off your credit cards, you can let your credit cards work to pay off your needs.

Consumer Financing reference:

card purchasing management

Bestseller No. 1
Popcornopolis Popcorn 12 Cone Snack Pack (Gift cone)
424 Reviews
Popcornopolis Popcorn 12 Cone Snack Pack (Gift cone)
  • Contains: 3 Mini Cones of the following flavors: Zebra Popcorn, Caramel Corn, Cheddar Cheese Popcorn, Kettle Corn
  • Certified Gluten Free, GMO Free Corn, Pure Coconut Oil, No High Fructose Corn Syrup, 0g Trans Fat
  • 9 Month Shelf Life
Bestseller No. 2
Gourmet Popping Corn - Case of 15 oz. bottles, A Variety Pack of 10 bottles
133 Reviews
Gourmet Popping Corn - Case of 15 oz. bottles, A Variety Pack of 10 bottles
  • Enjoy your favorite gourmet popping corn; Case includes 10 bottles of gourmet popcorn
  • Delicious, nutritious, ALL NATURAL Popcorn
  • NO DYES are used to enhance the beautiful colors of the popcorn. These gourmet kernels are all natural - compliments of Mother Nature.
Bestseller No. 3
Popcornopolis Gourmet Popcorn 2 Gallon Tin - Premium
46 Reviews
Popcornopolis Gourmet Popcorn 2 Gallon Tin - Premium
  • Contains 23oz of Zebra Popcorn, 21.5oz of Caramel Corn, and 10.5oz of Kettle Corn
  • Popcornopolis Premium 2 Gallon Popcorn Tin makes a delicious snack or a memorable gift
  • Certified Gluten Free, GMO Free Corn, Pure Coconut Oil, No High Fructose Corn Syrup, 0g Trans Fat

Last update on 2019-03-31 / Affiliate links / Images from Amazon Product Advertising API

-------------------------------------------------------------------------------------------------------------

end of post idea

-------------------------------------------------------------------------------------------------------------

Helpful article? Leave us a quick comment below.
And please give this article a rating and/or share it within your social networks.

Categories: Credit Cards