Dearest Gentle DEBT..
|
Dearest Gentle DEBT(bridgerton fan)
You're like that annoying little fly buzzing around my beautiful bouquet, but hey, without you, how else am I supposed to take those wild risks and bloom? Understanding how to handle you in a systematic way is key, but when you sneak up on me with emergencies or unexpected expenses, I'm left scratching my head, wondering how to shoo you away.
Let's talk about the beast we call debt. Not all debts are created equal, but if you've got that pesky credit card debt tagging along, it's like having a thorn in your side that just won't quit. During one of my recent budget pow-wows, I delved deep into the tangled web of credit card debt. You know, that stuff that finance gurus love to hate? It got me pondering my own personal finance playbook, my trusty 4x4 formula. ( that's for another time ) Now, when folks ask me how to budget, I hit 'em with a classic: "How deep is the ocean?" There's no one-size-fits-all answer, but one thing's for sure: tackling debt is like mastering a fine art. And speaking of art, let's talk about that delicate dance of debt utilization. Check this out: Take a peek at your credit card debt and crunch the numbers. What's your credit utilization looking like? The golden rule in the industry is to keep it under 30% per card, but hey, I like to play it safe and aim for 10% or less. Because life? Life throws curveballs, my friend. Not sure how to do the math? No worries, here's a handy formula: And hey, depending on your credit score and income, consolidation might not be such a bad idea. Ever thought about shuffling those balances over to a card with a sweet 0% APR? Let me drop some wisdom from my days at the financial powerhouse, American Express (yep, I've been around the financial block). The name of the game is keeping that credit score looking fly and your utilization on point, no matter how much debt you're wrestling with. Stay savvy, primas y primos!
make that schmoneySide Hustles, Gigs, Career Opportunities
Investing is SexyResources, Investors, Investing Opportunities Do you OWN any type of business? Let me shout it from the rooftops: Have you heard about Relay Financial? Trust me, as someone who knows the chaos of managing budgets and taxes, this platform is a game-changer. Picture this: funneling all your funds into one central spot and then effortlessly divvying them up into different accounts. Talk about a lifesaver! Say goodbye to financial headaches and hello to streamlined organization. Check it out at relayfi.com and thank me later! See ya next week! Wanna say hi, collaborate or have a question email me hi@mamasdinero.com |