Debt

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Do you have too much money?

January 22, 2007 in Budget, Credit cards, Debt by Bob | No comments

I saw a recent post on how to know if you have too much money. Check it out at Five Signs You Have Too Much Money.  Its a fun article but if you read between lines, there is a pointed message to the overspenders of this world. Its good to spend, but do this understanding your limits.

I started reading it to pass time, but slowly got engrossed. I could soon identify some people around me with these examples. In some cases, it also made me look inward and take stock of my personal expenses. Time and again, such articles get you thinking and in effect, help you mend your own ways. This ones a good read for those seeking some timely lessons in life!

 

Credit card arbitrage

January 18, 2007 in Other, Budget, Credit, Credit cards, Debt by Bob | No comments

Have you ever thought of credit card arbitrage? I mean balance transfers here.

I used to wonder how to make sure that I am gaining money through balance transfers and not making the credit card company rich instead. And most importantly, I wanted to know which cards would provide the best balance transfer options in my given situation. I found some answers to my query at Best Credit Cards for 0% Balance Transfers.

This article provides quite a few interesting  tips to follow while selecting a card from an  arbitrage perspective. Things like avoiding fees and interest and checking that these cards do not charge you any annual fees. Worth a read….check it out.

 

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