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Financial Future - Looking at Debt  
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Tags: Debt, Loans, Credit Cards, Money, Making Money, Saving Money, Keeping Money

Ah, your credit card bill has arrived yet again and the shock just doesn't seem to fade everytime you look at how much you owe. Here is some advice to help your credit cards work for you and not visa versa

	Apply for credit cards with easy sign up bonuses. Many cards offer $100 gift cards and others have statement credit.
	Apply for credit cards which have 0% APR on purchases for 12 months. Instead of paying the bill off in full every month, simply pay the minimum. Plow all other money, which would have been used to pay the bill into a high yield savings account or money market. After intro 0% APR is over, pay off balance in full.
	Carry NO debt other than your house payment. Paying off credit cards is the same as making %18 on the same amount of money.
	I've been reading about this lately since I'll be having increased expenses in the next few years. One way that seems rather interesting is taking advantage of credit card offers. By this I mean something like 0% on balance transfers or purchases. You basically get to borrow money for nothing. To make money off it, just keep the cash in a high yield savings account or some other safe options like t-bills. You just have to make sure to note when the offer ends, keep paying the credit card on time, and also read the fine print before you apply (for balance transfer fee for example): For more info, you can check out these websites: http://savvysaver.blogspot.com/2005/09/app-o-rama.html

Lister: ListAfterList Wiki Contributors

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