Comments on: Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for LIFE http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/ Wed, 10 Mar 2010 06:30:04 +0900 http://wordpress.org/?v=2.9.2 hourly 1 By: Tips for Talking to a Friend About Getting Help with Credit Card Debt http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-1650 Tips for Talking to a Friend About Getting Help with Credit Card Debt Wed, 03 Mar 2010 00:01:09 +0000 http://www.foreignersfinances.com/?p=355#comment-1650 [...] According to MSN Money, about 45% of households carry credit card debt from one month to the next. Chances are you have someone close to you who is drowning under credit card debt, and they don’t even know the price they’re paying. [...] [...] According to MSN Money, about 45% of households carry credit card debt from one month to the next. Chances are you have someone close to you who is drowning under credit card debt, and they don’t even know the price they’re paying. [...]

]]> By: FF Roundup: Links, Carnivals, and the ESL Virtual Job Fair | Foreigner's Finances http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-1270 FF Roundup: Links, Carnivals, and the ESL Virtual Job Fair | Foreigner's Finances Wed, 27 Jan 2010 02:47:57 +0000 http://www.foreignersfinances.com/?p=355#comment-1270 [...] post about frightening credit card facts ran over at Money Crasher’s Halloween themed carnival. On a side note, the carnival ran on my [...] [...] post about frightening credit card facts ran over at Money Crasher’s Halloween themed carnival. On a side note, the carnival ran on my [...]

]]> By: Austin http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-1234 Austin Thu, 21 Jan 2010 07:35:16 +0000 http://www.foreignersfinances.com/?p=355#comment-1234 Awards based cards are great if you can find the right one. I have a 2% cashback Schwab credit card and I love it because everything's on sale when you use it. Your pension must be pretty high after 4 years, right? Awards based cards are great if you can find the right one. I have a 2% cashback Schwab credit card and I love it because everything’s on sale when you use it.

Your pension must be pretty high after 4 years, right?

]]> By: Joshua Zimmerman http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-1233 Joshua Zimmerman Thu, 21 Jan 2010 06:21:44 +0000 http://www.foreignersfinances.com/?p=355#comment-1233 I'm waiting for Japanese Pension Refund and using a good chunk of it to pay off some 'vacation' credit card debt. The shame the shame. My plan in to get a couple of cards that give me lots of fun airline miles, pay off all my regular bills (apartment, gas, power, ect) with said cards, build up miles and take a trip that way. That or just cut up all my cards. Either or. I’m waiting for Japanese Pension Refund and using a good chunk of it to pay off some ‘vacation’ credit card debt. The shame the shame.

My plan in to get a couple of cards that give me lots of fun airline miles, pay off all my regular bills (apartment, gas, power, ect) with said cards, build up miles and take a trip that way.

That or just cut up all my cards. Either or.

]]> By: Wide Island View » Blog Archive » Yen & You: How to take control of your money in 2010 http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-1215 Wide Island View » Blog Archive » Yen & You: How to take control of your money in 2010 Sun, 17 Jan 2010 14:58:14 +0000 http://www.foreignersfinances.com/?p=355#comment-1215 [...] Need more proof? Check out my appropriately named post at my blog: Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for Life. [...] [...] Need more proof? Check out my appropriately named post at my blog: Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for Life. [...]

]]> By: Tamara Holmes http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-119 Tamara Holmes Mon, 02 Nov 2009 11:11:49 +0000 http://www.foreignersfinances.com/?p=355#comment-119 The key piece of solving your debt crisis is to ensure you do not discount the condition completely. You must analyze the problem and resolve how to answer it. Talking to people with economic knowledge (be it family, a close friend, or even employees at the concerned credit card company), can bring about viable solutions. Timing is of the essence, so you must be fastidious; nevertheless taking the necessary steps to negotiate a settlement can sometimes be the advantageous decision. The key piece of solving your debt crisis is to ensure you do not discount the condition completely. You must analyze the problem and resolve how to answer it. Talking to people with economic knowledge (be it family, a close friend, or even employees at the concerned credit card company), can bring about viable solutions. Timing is of the essence, so you must be fastidious; nevertheless taking the necessary steps to negotiate a settlement can sometimes be the advantageous decision.

]]> By: Austin http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-98 Austin Tue, 27 Oct 2009 13:45:35 +0000 http://www.foreignersfinances.com/?p=355#comment-98 Mike - You're totally right, but I accidentally put month when I meant $416 a year. I double checked the math and that comes out to around $36,000. Thanks for the heads up! Mike –

You’re totally right, but I accidentally put month when I meant $416 a year. I double checked the math and that comes out to around $36,000. Thanks for the heads up!

]]> By: Mike http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-97 Mike Tue, 27 Oct 2009 13:20:25 +0000 http://www.foreignersfinances.com/?p=355#comment-97 FF- Did you use correct mathmatics? $419 per month for 26 years is more than $36, 550 (and that's no counting the 8% return!) FF-
Did you use correct mathmatics? $419 per month for 26 years is more than $36, 550 (and that’s no counting the 8% return!)

]]> By: fwisp.com http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-93 fwisp.com Mon, 26 Oct 2009 16:53:12 +0000 http://www.foreignersfinances.com/?p=355#comment-93 <strong>Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for LIFE...</strong> Life transitioning moments like a graduation, marriage, birth of a child, or purchase of a house are usually the sparks that lite the change in many people’s personal finance lives.... Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for LIFE…

Life transitioning moments like a graduation, marriage, birth of a child, or purchase of a house are usually the sparks that lite the change in many people’s personal finance lives….

]]> By: The Carnival of Personal Finance #228: Halloween 2009 Edition | Money Crashers http://www.foreignersfinances.com/credit-card-debt-facts-that-will-scare-you-into-staying-out-of-debt-for-life/comment-page-1/#comment-90 The Carnival of Personal Finance #228: Halloween 2009 Edition | Money Crashers Mon, 26 Oct 2009 11:34:14 +0000 http://www.foreignersfinances.com/?p=355#comment-90 [...] from Foreigner’s Finances shares Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for LIFE, and says, “A look into the real numbers behind credit card debt and the opportunity lost [...] [...] from Foreigner’s Finances shares Credit Card Debt Facts That Will Scare You Into Staying Out of Debt for LIFE, and says, “A look into the real numbers behind credit card debt and the opportunity lost [...]

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