No More Debting!
Mary Hunt, a financial expert, talks about having the things you love without charging. "The Smiths and Jones' – buy everything the same, have same income. The Jones' buy everything right now on credit and spend on average $1,200 per year on finance charges. The Smiths' save and have the exact same items, but put the $100 extra that they didn’t spend on finances in a savings account. In 10 years, the Smiths have $21,000 in their savings account! If you even ever carrying a balance for one month on your credit cards, you are debting. You are spending more than you make because you can't pay it off that month. Stop debting . No more. Any interest you pay on debt is money lost. Money that could be saved or used for other purposes, like giving. Find other creative ways to buy things. • Get one filling done at a time at the dentist. • Selling something on Craigslist to pay for that Carnival coming up that your family wants to go to. • Call your bank and setup an automa
