If you haven't followed my blog since it started nearly five years ago, you might not realize I came from a position of overspending and debt. When I started this site, I had just finished paying off the last of my credit card debt. Over $50,000 to be exact. This was on top of another $25,000 we had in consumer loans, like a JetSki, cars, and some personal loans. I battled that debt for four years until it was paid off. Every single … [Read more...] about How to Effectively Use Credit Cards After Debt
Wow, how time flies when you're having fun (or saving money). Seriously though, I can't believe it was back in 2012 when I paid off my last credit card after being in the hole for so long. I fought for four years to pay off those damn credit cards, along with the consumer debt at the same time. It was a constant struggle, but it has paid off in more ways than one. I still shake my head in disbelief when I look back to see where we've … [Read more...] about How We Saved Over $180,000 After Paying Down Debt
With the passing of Turkey Day, the official beginning of the holiday shopping season starts! There are sales EVERYWHERE! Retailers are doing their best to get your attention and get you into their stores to purchase their products for your loved ones this season. Rock bottom sales and deals ensue! But the bigger question that looms is this: how do you pay for it all if you don't have the cash on hand? Credit Card Dilemma The easiest way to … [Read more...] about Is Holiday Shopping With Credit Cards Right For You?
Let's be very honest here, credit cards are a part of many everyday lives. They are certainly a part of mine and have been for years. I've been on both sides of using credit cards, good and bad. Having put myself in over $75,000 of debt, $50,000 of which was all credit card, I know a thing or two about those little plastic cards. Now that I'm four years removed from carrying a balance, I still use credit cards to this day. In fact, I use them for … [Read more...] about Choosing and Using Credit Cards While in the Military
It's no secret that I used to find myself in a lot of credit card debt (over $50,000). I fought to take my financial life back and succeeded. Most people ask me if I use credit cards anymore because of the debt. My simple answer is "yes!" In fact, I use a credit card for every purchase I make. Why? I never blamed that little plastic innamate object for my debt. It wasn't the credit cards fault and it wasn't the credit card companies fault for … [Read more...] about How to Maximize Your Credit Card Rewards Experience
Today I want to show you how to use balance transfer credit cards to consolidate debt. I did this for four years and it saved me thousands in interest. It's not difficult, but you do need to find a good credit card with a promotional rate for balance transfers. See the Best Balance Transfer Cards It's been almost four years since I paid off my last credit card debt bill. I was in over $50,000 on credit cards and had $75,000 total debt to my … [Read more...] about The Best Balance Transfer Credit Cards to Consolidate Debt