Understand Why You Spend Money

Written by Harold Herring.

The easiest way to build wealth and reach financial independence is simply to spend less than you earn. It’s not a complicated formula developed at the Harvard Business School or known only to the barons of Wall Street.

It is an easy concept to understand, but there are some facts that can complicate the process and truthfully, most of them, involved you, the consumer (by the word, I don’t like that word.)

They're Plotting Against You

Written by Harold Herring.

Scriptural reference Psalm 97:10

“Ye that love the LORD, hate evil: he preserveth the souls of his saints; he delivereth them out of the hand of the wicked.”

I looked up the word “evil” in the Strong’s Concordance (H7451) and it was defined as “bad, unpleasant, evil (giving pain, unhappiness, misery).”

Debt is bad.

Credit Card Backlash Could Give You Whiplash

Written by Harold Herring.

We feel your pain.

Seriously, do you really think that the credit card companies who are filling your mailbox and inbox with warm, fuzzy offers of easy credit are really concerned about your economic well-being?

Not a chance.

Credit Card Companies Are Feasting Right Now

Written by Harold Herring.

The credit crunch in our economy has the credit card companies feasting like a bunch of goblins on Halloween night.

Be warned …they are out for blood. They know people are hurting and it’s amazing the lengths to which they will go to entice consumers into their web of bondage. They lure desperate people with the promise of “guaranteed” low interest rates.

Many of the companies make it look so easy for consumers to get beyond this credit crunch that they turn a blind eye on the black widow waiting to paralyze them.

The Excuse - It's The Credit Card Company's Fault

Written by Harold Herring.

Now this excuse is dumber than cat hair….no disrespect intended to our feline friends.

I had someone tell me once that they were on the verge of bankruptcy and it was the credit card company’s fault. She said, they were the ones sending all those pre-approved applications and she felt like they wanted her to keep charging. OH, PLEASE.

That’s like the father who called his daughter at college and asked why she was bouncing checks to which she replied, “Daddy, the bank has made a mistake, there has to be money in my account because I haven’t used all my checks yet.”

Your Credit Card Bills Are Too High

Written by Harold Herring.

Where are the "priceless" TV credit card ads when your bills begin to mount off? They’re off on vacation with your hard-earned money.

Here are 15 ways you can know when your credit card bills are too high.