http://moneytrackin.com http://moneytrackin.comhttp://moneytrackin.com/logo.gif The free online tool to regain control of your financial life Fri, 25 May 2012 20:39:31 +0200 http://moneytrackin.com/ en http://www.moneytrackin.com/en/tip/be-careful-with-credit-cards http://www.moneytrackin.com/en/tip/be-careful-with-credit-cards Thu, 07 Jan 2010 16:40:18 +0100 moneytrackin_de http://www.moneytrackin.com/en/tip/be-careful-with-credit-cards The whole appeal of credit cards is the ability for consumers to "have it now, pay later." The problem lies when "later" ends up becoming much, much later. The debt incurred for late payments of a statement is one of the bigger ways credit card companies make money, and one of the many ways you lose money. Many credit card promos involve offering low or zero interest rates for a certain period, but oftentimes the overdue fees are not waived. It's important, not just for credit card transactions but as a good habit in general, to keep mental track of your expenses. It's easy to do if you use your card infrequently, but if you use it to buy soap today, and then towels tomorrow, and then a videogame the next day, and groceries the day after, not to mention your subscriptions to National Geographic as well as the electric and water bills, etcetera, you may lose track of just how much you've already spent, and how much you still need to spend. A large interest accumulation and, possibly, penalties due to overspending beyond your credit limit, are potential problems you'll have to face. The best thing you can do to save money using plastic is to pay quickly. You do not have to wait until you receive your statement before you pay your dues. What I've done, for example, is set my credit card account as one of the billing options in my savings account's online interface. That way, as soon as I get home after charging to my card, I can quickly go online and pay the bill. Also, remember the advantages your credit card company offers. Bonus Points, discounts, freebies, express service at select stores, these are all part of the perks of the plastic.

]]> http://www.moneytrackin.com/en/tip/make-a-real-life-change-by-saving-yours http://www.moneytrackin.com/en/tip/make-a-real-life-change-by-saving-yours Sun, 18 Oct 2009 19:30:39 +0200 caser http://www.moneytrackin.com/en/tip/make-a-real-life-change-by-saving-yours Really true!... Regularly saving your lose change instead of the common habitual practice of spending it could quickly add up to a nice little sum of extra useful money you'd otherwise never know you had. All it takes is a little will power and altering a few habits. Like... instead of buying your usual morning coffee and those two donuts why not just have one muffin and skip the donuts. Saving as little as .80 cents might not seem as such a big deal but in a 7day week thats $5.60 and in a 30day month thats $24 you probably never knew you had. Soon over time you discover other littles habits where you could cut some expenses on and then you will really see just how big your change could grow. Just think about that vacation you wanted to have and finally go and take it. Believe me; making these little sacrifices is well worth the rewards.

]]> http://www.moneytrackin.com/en/tip/do-you-give-too-much-gratuity http://www.moneytrackin.com/en/tip/do-you-give-too-much-gratuity Sat, 18 Oct 2008 20:43:02 +0200 paulwilson05 http://www.moneytrackin.com/en/tip/do-you-give-too-much-gratuity only give gratuity in cash!! never charge gratuity on a card! If you don't have the cash you can't afford it and that's ok. Restaurants need to pay more than 2.13 an hour. And personally I think it's stupid, service should be included in the price of the food.

]]>