How to Become Filthy Rich During Economic Crisis?
Popular media is painting a very bleak economic outlook. It is a time when people are confused about their savings and economic future. There are also people out there who see every challenge as an opportunity to make money. It is like Forex market to them. You can make money both ways, up or down. We have listed below the reasons why people think that this is best time in history to make lot’s of money and become filthy rich.
- Invest in Stock Market.
Stock Markets are belly up and prices are really hitting the floor. There are some really cheap stocks out there.. i.e. Google is available at bargain prices.
Economy is going to get out of recession in few months or an years time and you will get capital gains of up to 10 times of your investment.
How to Improve Your Credit Score
If you have ever tried to lose weight then probably you know how difficult it is to improve your credit score. It is not something you can do quickly. If you try to raise your credit score based on bad advice, you must be prepared for these quick-fix efforts to backfire. If you ask me to put all of the advice in one sentence, I would probably say “Manage your credit responsibly”. It is indeed a uphill task to improve your credit score once it is down. Still following the tips below is very crucial to get your bad credit back on track.
Build a sound credit history
Always pay your bills on time, every time
Nothing ruins your credit report like a delinquent payment or a collection. In 70% cased this is the major negative factor in people’s credit report.
Always take corrective action ASAP
If you missed one or two payments, take corrective action as soon as possible. Longer you delay your payment, worst will be your credit score.
Collection Is Like a Life Sentence to Your Score
If you pay off your bills after they go to collection. It might be too late. Even if you pay, this will stay on your credit report for next seven years.
How to Cut My Credit Cards : Make Boomerangs
Boomerangs are L-shaped objects that return back to the person who throw them in any direction. Credit Cards are made of rigid and virtually indestructible plastics and hence they are a good candidate for the job of making boomerangs. A quick look at this Wikipedia Article will give you a fair idea of boomerang basics.
This is much easier for all of us if we can explain the process with images. so i have put up some before and after images of a cute little boomerang made out of a stores card. It is more enjoyable when you do it with a valid card. expired credit cards are not that much fun to play with. leave them for your children to play with.
How to Cancel Your Credit Card
A few days ago my wallet was feeling a little too bulky. It was not because it was stuffed with cash. It was filled with plastic; credit cards as we call it. So I thought it was a good idea to cancel a few of them that I hadn’t been using for a while. I would like to share with you how I canceled one of my credit cards.
How to cancel your credit card
Although I have experience of Applying for credit cards but this was my first experience of canceling one. Apply is easy, canceling a card is harder. Have you ever tried to cancel your credit card?. Or close a bank account. Or Tried to terminate your Internet Service?.
Most of these companies try to make it very hard for you to quit. They put you through lots of exit interviews and throw you to their “customer retention specialists”. These hogs keep on making calls to you and ask you teasing questions the list of which might be endless. They even try to talk you out of your decision. Thy use anything to achieve their target.
They question your sanity, try to bring in moral questions that you feel guilty about canceling that credit card or whatever service you are trying to quit.
This morning I had a similar experience. I have an Citibank Visa card that I am trying to cancel. I have no balance on this account, so if thought that is a good idea to call them and tell them that I no longer need their service and that would be it. but that was only what “I” thought.. I was nothing like it.
