Credit Cards
recommended by
our experts

Get Cards
Credit Card eZine - News and Articles about Credit Cards

Credit Card eZine - News and Articles about Credit Cards

Get even more information on credit cards? Read our Credit Card eZine. The section is regularly updated by our specialists. Learn all the financial tricks. Know the pitfalls and hidden bonuses. Find out how to transfer balances and accumulate points. We will tell you about the latest offers on the market.Get your credit card education and make the most out of your plastic.

Emergency Credit Cards

Monday, October 01, 2007

Day by day we deal with money and the idea to spend crosses our minds on a regular basis. Meanwhile, savings do not bother us too much. As a rule, we take one day at a time and prefer to expect only positive events in our life. However, it's hard to predict all quirks of fate. The point is that most cardholders prefer to max out their credit card deals. That's why some unexpected thing like a broken car turns out to be a disaster. Credit specialists recommend using one credit card for emergency-use only. Is it necessary to have such card in your wallet?

There are lots of unpredictable situations in our life. Let's say your washing machine is broken or you suddenly lose the job, you receive an invitation to the wedding, and to make the matters worse, your beloved kitty feels sick. Most likely, you won't expect these credit card expenses in your monthly budget, and by Murphy's Law misfortune never comes along.

Like it or not, such situations are quite probable in our daily life. To be prepared for such situations you need to have a plastic in case of emergency. If you have several cards, think about paying off the full balance on one card. You can also look for the best credit card deals and choose a plastic with beneficial terms like low interest rates and no annual fee.

Usually we spend more than can afford it. To stick to the budget is tough, and to make first savings is a real challenge for those, who need it all and right now. As a rule, we simply do not think about the real cost of various items. Medical expenses can serve a good example of those things that come out of the blue. Our body doesn't ask for a permission to fall ill.

Some people think that saving money for a rainy day is old-fashioned. Definitely, for our ancestors it was a disgrace to fall into debts. Accumulation of wealth was valued much higher than spending. Now people take another view. "Oh, please! It's so obsolete!" says Heather Springs, 25. "It resembles my piggy bank when I was little. Why should I stint myself now for some uncertain situations in future? It's a madness to have the best consumer credit card in the pocket and not to use it!"

If you are not a movie star and your father is not a millionaire, come down to the earth and acknowledge the fact that such situations do happen from time to time. In fact, the key of credit management is the calculation of your funds. When you have approximate results, you can analyze your expenses.

It is easy to understand credit card deals when you see the figures on your credit card statements. Step by step you will learn to manage your finances. And what is more essential to save enough to be protected from various misfortunes in future. Speaking about cases of emergency, bear in mind - a danger foreseen is half avoided. Save enough and don't get into trouble.

Share Opinion:
del.icio.us   digg   Furl   YahooMyWeb   Propeller   Reddit  
Comments not found
 

If you have something to say, please leave your comments below.

Your Name: *
Your Email:
Your Comment: *
Enter Number from Picture: * number

* - Required Fields Add Comment
[December 05, 2011]

In a time when banks have begun charging monthly debit fees, baby boomers may be able to find discounts based on their age and experience. Our research reveals some of the best checking accounts for consumers over 50 - and the best part is that they`re free!

Comments (0)
[October 12, 2011]

All data shows that the woman entrepreneur is on the rise.This could be because women tend to work well in groups and are great multi-taskers and communicators. In addition to that, women are also making riskier decisions when it comes to financing their businesses, according to a recent survey by PNC Financial Services. These decisions may have an impact on the longevity of these female-run businesses.

Comments (0)
[September 07, 2011]

With the economic upheaval, obtaining a credit card seems a distant dream, especially if you fail to qualify for any credit card application. Nonetheless, turning into an authorized user, i.e. attaching yourself with a good-quality credit customer`s account and the consent to use it, would boost your credit scores swiftly, and jump start your credit history.

Comments (0)
* The CreditCardSpecialist.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. CreditCardSpecialist.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the CreditCardSpecialist.com website are property of their respective owners.
We do our best to maintain the information accurate at CreditCardSpecialist.com. However, all the credit cards information is subject to change and presented without warranty. See the up to date credit card terms and conditions on the secured credit card application page. Note that CreditCardSpecialist.com may be compensated by credit card issuers when visitors apply for a credit card through the links on this website.
CreditCardSpecialist.com, an independent, advertising-supported website, receives compensation from the companies whose offers appear on the site. This compensation impacts where and how credit products appear on our site, including, for example, the product listing order in which they may appear on separate pages. CreditCardSpecialist.com does not present or review all available credit or financial offers.
Disclosure: Not an access card.