How Can You See Your Credit Cards Going Up, Instead Of Getting Down !

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You can treat a Credit Card like “having money”. Then you know, whenever you need it, you can have it. It sounds very incredible, and yes it is ! It is just yours. But this is also the actual, real crazy reason, why most of the people have huge amount of debts. They themselves had this money also available - it was just sitting there, infront of them !

You hear them saying, “this it is so fantastic, now I can buy …, and it is so easy to pay back”. Then they see something else and say “This is actually, I was looking and waiting for since a long time”. And soon comes a situation, where you can hear “I actually don’t want to pay for that, but I will use my credit card, because I have to”.

What is their mistake ?

They assume, that they “have” money, but they go shopping with their Credit Card. They know, if they would use their normal Check Card, somewhere it would go down to “0′. Finito - Nada ! And this is, what can make people very upset.

“I have 5 Credit Cards” is a real feeling of power.

What are the successful actions, keeping a Credit Card in good shape ?

1. Know the credit limit and the APR on every of your cards.

2. Know the billing date (due date) and the date for your next statment, to come out.

3. Does the regular finance charge gets generated always together with the statement, when it comes out, or does it get generated already at the beginning of the billing cyle, what means right after the statement of the last month got created. This is important to know, if you are already operating at your credit limit. You can overcharge your card, and you don’t know why. You thought you had it under control, you watched it - and then peng !

4. In the moment you know the APR on your card and what the percentage for your Minimum Payment is, then you can figure out the following:

- How much money does your boss give you cash every month as your pay.

- What are exactly all the bills, you have to pay each month on a regular basis, including food, cigarettes - everything !

- How much money is now left over every month, where you could still pay for something else as a routine. If there is money, you can use your credit card.

The Ideal Scene !

You know now the left-over amount from your pay, and you know your APR and the card’s minimum payment plan. Now you have to figure out, how much/high you can charge on your card, still being able, to pay it back with ease.

Your Credit Card could have a Credit Limit of 15.000.- $, but you can only securely give back a monthly payment to your Card, fitting to a limit of 7000.- $.

So you know, that using your 15.000.- $ Credit Card, allows you personally only to take an amount of 7000.- $, otherwise you couldn’t pay it back.

This is called “personal ethics” on finances !

In the moment you get more money paid from your boss for the job, you do for him, your personal Credit Limit on your own Credit Card will go up too !

My personal trick to get the best APR Deals !

It is a longer process over several months.

You already got your first Credit card and, off course, you use it like hell. But you always pay your monthly fee. You would prefer to die, rather than not to make your payment. Then, from the same Bank and from several others, you will receive new Credit Card Offers (called applications). You apply, you receive the new cards, but you would never ever use them, not for one moment in your life. You still only use your first card. Several months later, to catch your attention, these cards will start offering you very incredible balance transfers. You say to them “Do I really have to pay for this transfer fee of 75.- $, because this is actually not, what I want”. They find ways, where they can service you per all your needs.

I had 25.000.- $ on debts on cards with just 3.99 APR for the life time of the credit. Nowhere else could you get such an affordable Loan from a Bank.

You can do it even within a bank. You have 3 Credit Cards from CitiCards, and you transfer a balance from one to the other. Then you take the amount of Credit limit from the 3. Citi Card, and put it on top of the low interest card, you also got from them.

The deal is, if you are interested into your personal life, handling whatever comes up, you will find solutions and your way to optimal survival. If you just live along and play around with goofing, then you may not have these things happeneing, because your own attention is on something else, or nothing.

So my friend - do good ! And let’s put some more energy to it, and get it rolling !

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