|
|
Saturday, March 3, 2007
Did I just read this? Please do not cut up your oldest credit cards!
I was just reading an article on digging yourself out of debt. Had some okay ideas I
guess, till it came to #5, telling you to cut up your old credit cards and just keep two.
Okay STOP!!!!! Don't
ever do this. Especially when trying to get out of debt.
1. First of all if you truly
have an emergency you might need the credit. First of all I consider a real emergency something like this (not the need for
new shoes) my daughter gets really sick. The Dr. prescribes an expensive medication
and my insurance will not cover it. Yes, I'm going to fight the insurance company to cover it, but my daughter needs medicine
NOW! This is an emergency. Hopefully I am at the point I can use my savings to pay, but the people who say to cut up credit
cards are assuming you are deep in debt, so no savings.
My saying is that you have to take responsibility and control
of yourself. This is one of those times. You need to make yourself not spend on the credit card unless you can and will pay
it off each month, and you are earning rewards.
2. If you are really in debt deep than most of your credit cards
are close to being maxed out. If you were to close the credit cards with the oldest history do you know what will happen to
your credit score? It will crash! Length of time an account is open is part of the equation for determining your score.
3. So you don't care about your score, well you will care about this. As soon as your score tanks from you closing
your accounts, your other creditors will say "holly batman we have a problem". You will immediately be rate jacked
for something called "universal default". Wait you say, you have never
defaulted, never been late even, so why raise your rates? Well, you now look even worse than you did before because your score
dropped. It's much worse than just being maxed out. The credit card company does not care that you are closing your accounts
to stop yourself from spending. If they knew this they would close the rest of your accounts instead of just raising your
interest rate. What creditor wants to offer their money to someone who sears off spending? Remember the creditor is out to
make money, they look for any way to make more and when you become a greater
credit risk they can now charge you more money.
What are you to do? Well, control yourself. You can not spend what
you do not have. The small sacrifice of not spending now will guarantee you much
happiness in the future! If that does not work put each credit card in a container
with water, freeze. If you have an emergency get out the hair dryer and melt. If it's not an emergency you will feel completely
stupid trying to break the ice!
8:02 am pst
Friday, March 2, 2007
Make More Money? Spend Less Money? What to do? BOTH!
I really respect anyone who wants to better their life or those of others. But wanting to and actually doing it are two different
things. You need to have both in your mind, but the most important thing is action. You know the people who are always coming
up with these "great" ideas to make more money, but they never do anything about it! Imagine if they projected the
creative energy into physical energy, Wow! They could be mega billionaires! So for you all, I want you to get working
on your ideas. Just start. The worse thing that can happen if it doesn't work out is you fail. The only thing
that can happen if you do nothing is fail. Enough said? Check out my page on ways to make more money... As Always, I welcome your thoughts!
Monday, February 26, 2007
New Website is up and ready for your viewing pleasure!
Hey Everyone, Just wanted to let you know that major changes have happened at the www.NoExcuseBudget.com website! Please enjoy the new look and increased content! Check back later for even more budget and
money saving stuff!!!
|
|
|
Thank you for visiting noexcusebudget.com. We are pleased to provide you with money saving tips, free budgeting worksheets, free household budget
worksheets, and household budgeting information with complete detailed instructions. Our goal is to bring you the best money
saving coupons, paid online surveys, budget calculators and loan calculators. We want you to learn to track spending and saving,
plan and set goals, organize and maintain your personal and household budget so that you can have the best possible financial
future. By offering you a free budgeting newsletter you will learn to make more money and learn to save more money.
Our free budget plan with free budgeting spreadsheet, free Budgeting Plan, free Budgeting Worksheets & Budgeting
Instructions offer you a free simple and effective spending and saving plan using proven budgeting tools and tips to
help you meet your financial goals. Join our budget newsletter to receive our free budget plan, budget course,
budget spreadsheet, and budgeting spreadsheets. We hope you leave here knowing more about budgeting, household budget,
personal budget, planning a budget, home budget, living on a budget, budget planner, and family budgets. If you are looking
for a budget form, how to create a budget, budget worksheet, budget plan, budget spreadsheet, bill pay, money saving
tips, coupons, online coupons, surveys, paid surveys, personal finance, budget, money management, savings, saving tips, spending,
financial calculator, loan calculators and more you are at the right place! Discussed in detail are the following items, saving
money, investing, insurance basics, balance your checkbook, special free offer, coupons, surveys, free links, free stuff,
consumer credit counseling, budget forms, saving and investing, loan basics, pay day loans, insurance basics, and calculators.
Once again, we hope you find this site packed full of helpful information
|
 |
|
| |
Hi! I'm Heather Reese, founder of the No Excuse Budget
I realize the importance of having control
of your finances and this website and blog are dedicated to everything personal finance related. Times are changing and everyone
needs advise and encouragement to keep on going while working towards your best financial future.
Discover my proven system for:
·organizing your bills
·paying
your bills on time
·cutting back on expenses
·building
wealth
Check back daily for my new blog posts...and welcome to the No Excuse Budget way of life!
|
|
Quick
Links
Budget System Overview- Need a budget? Living above your means? Do you need to spend less
money and/or make more money or just get control of your spending? Learn how the No Excuse Budget wil lhelp you.
Step One, Gather Supplies- Learn what you need to put together the perfect budget. From paper
to pen and more see what it takes to create your personalized monthly budget and debt reduction plan.
Step Two, Start Budgeting- Time to fill out the free budget worksheets. You'll compiling
your bills and income so you'll have a clear picture of where you are at financial and plan for where you want to
be.
Step Three, Evaluate and Plan- Get ready to plan your future. Take control and make a budget
that works for you! Using the No Excuse Budget Free Debt Reduction Worksheets will enable you to set a plan of attack on your debt.
Step Four, Prepare and Organize- You've created a budget, but what about everything else that comes
with budgeting? Learn to pay your bills on time with the doube check method and how to protect your identiy in one easy step.
Step Five, Fine Tune that Budget- Search through your budget for ways to cut back on your spending.
Learn if it's a need or a want. Articles to spend less and save more.
Free Budget Worksheets- download the No Excuse Budget free budget worksheets.
Free Debt Reduction Worksheets -download the No Excuse Budget free debt reduction worksheets.
Save Money On Food- Save on your grocery bill, save money when eating out, learn to use
coupons to cut your food spending in half, save by ordering food online.
Online Savings- Learn to use the internet to save you money. Don't go to
the mall without reading about onine savings first.
|
|
