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Carnival Of Credit Card #9 April 12, 2007

Posted by Vedis in : Personal Development , trackback

I have been showered with tremendous good news these few days.

Firstly, my 5 Simple Debt Reduction Method to Blog Carnival was included in Carnival of Debt Reduction # 82.

Then, my FIRST post of Make Money With Ja Kel Daily dot com was accepted.

And now, another post submitted to Blog Carnival was successfully included in Carnival of Credit Card # 9. My post is 5 Signs That You Are in Debt Trouble. This carnival was hosted by Credit Card Lowdown. 12 entries about credit card, debt and personal finance were selected.

More news here !

1. My brother-in-law lent us $5,000 to settle our credit card debts. We offered a 10% interest rate to him as we are paying 18% to banks at the moment. However, he turned down our offer. His condition is simple – return the money to him after one year. We are so glad that we can save the 18% interest on the debts, plus the interest on the interest owed!

Has my brother-in-law’s money been used discreetly ? YES ! We used it to pay off one of the credit cards which carried $2,800. The remaining sum of money was channeled to other credit cards.

2. I got a call from my bank which offers 9.88 % on a $2,000 loan ! Once we get the money, it is for sure that this $2,000 will be used to settle another credit card. Wait for my update.

By the way, my hubby has cut off 5 out of his 6 credit cards. He only keeps one. I am happy that he only keeps one credit card as he loses control whenever he spots a new watch. He is a watch maniac.

As for me, I still keep 3 out of 7 cards.

Our thoughts are absolutely creative. Each thought tends to manifest itself in our lives.Thoughts of riches, achievement, success, provided you do not deny them subsequently, come forth after their kind. You answer your own prayer because it is done unto you as you believe.

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