You will NEVER save money if
you owe money to credit cards
and are paying interest
on credit card debt.

Credit cards are EVIL – unless you use them carefully and clear the outstanding balance in FULL – EVERY month before any interest starts accruing.

Don’t make the mistake of thinking you BUY things with credit cards.

You DO NOT
EVER, EVER
BUY ANYTHING
with a credit card.

All that happens when you use a credit card to acquire something is a lender transfers some of their money to a seller allow you to take possession of something instantly.

But you haven’t actually bought that thing until you reimburse that lender IN FULL with money you actually own.

The lender does NOT WANT YOU TO REIMBURSE THEM – in full, (well, not quickly anyway) – in fact they want you to take a long time over paying them back.

So, to make sure you can’t reimburse them they make it easy for you to take on more debt by giving you more credit allowance than you reasonably need to allow you to acquire more things than you can afford to repay in full.

Then you to reimburse them with interest-laden installments – probably never fully clearing your card debt.

Between the time the lender lends you money and when you reimburse them IN FULL they charge you interest on the outstanding amount you owe them and add back their interest on the outstanding amount every month.

Interest on a credit card adds to, and becomes part of, an additional debt to be repaid – so you pay interest on the outstanding interest you owe the lender.

Just paying the minimum installments the lender requires is NOT a solution – especially if you continue to acquire more things using your credit card.

The interest lenders charge is about …

20% a year

… and is calculated DAILY.

Even if you NEVER purchase another thing on your credit card and just pay the nominated balance EVERY MONTH it will take you…

about 11 years

… to reimburse the lender.

If you choose to ignore this
you will NEVER save money
ever.

If you have credit card debt
make a plan to pay it off
as soon as you can – and do
not use your credit card
again until you have.

Do NOT pay your credit card account late – not even 1 day.

You’ll collect a late payment fee at the very least.

AVOID credit cards that charge an annual fee – unless the card with an annual fee provides add-on benefits you actually find of value and would cost MORE than the fee if you paid for them yourself.

Even if you pay you credit card on time – do NOT pay less than the minimum stipulated amount.

Not even one cent less.

Understand, the minimum amount required by you lender is the MINIMUM amount you must pay by the due date.

If you pay less than the minimum amount required you will likely STILL collect a penalty fee for late payment.

This is because if the amount you’ve paid doesn’t cover the full minimum amount required, as far as the lender is concerned you haven’t paid the amount required AT ALL and you’ve made a late payment on ALL of the minimum amount required.

If you have money in a
savings account use it
to pay off your
credit card debt.

Unless it’s earning you
about 30% a year.

If you cannot buy something for cash – do NOT use a credit card to purchase it – unless you know you have the means to pay the credit card off, in full, by the due date.

Do NOT purchase things you don’t need.

Do NOT spend above your means. If you can’t afford to buy something for it’s ‘normal’ price, you probably can’t afford to buy it plus the interest a credit card purchase will cost you.

Do NOT spend money you don’t have.

AVOID credit cards that charge an annual fee – unless the card with an annual fee provides add-on benefits you actually find of value and would cost MORE than the fee if you paid for them yourself.

If you go overseas make SURE your credit card does not charge additional fees for EVERY transaction you make, on top of the normal currency conversion fees.  In most countries CASH is still the least costly way of transacting.

If you really don’t need a credit card, or find you can’t manage one you’ve got, there’s one sure solution … cut it up, pay the balance off.

Never EVER get another one.

Use a debit card instead.

If you really don’t need, or find you can’t manage, a credit card … cut it up.

Never EVER get another one.

Use a debit card instead.

If you choose to ignore ANY of the above – read no further.

The rest of this web site is of no value to you.

For you, there’ll be no such thing as a bargain.

You’ll pay the absolute maximum amount of money for everything you buy.

You’ll have fallen into the credit card trap and for you, there’ll be no way out.

And you might as well resign yourself to the fact you’ll spend the rest of your life indebted/enslaved to the lenders who, like drug dealers, will encourage you to purchase more things on your credit card and as often as possible.

And, every day when you go to work to earn money, like a slave you’ll be spending your life working to pay others – not yourself.

We’re always
looking forwards
to hearing from
like-minded people.

Contact Lets Talk Savings

10 + 15 =