ihatebudgets - Membership Site

Poor health Symptoms -

$ You only ever make minimum payments on your credit card.

$ You have two or more credit cards, all at or near their limit.

$ You are unaware of the amounts you owe on all your cards.

$ You spend more than you earn.

Diagnosis….. If you have two or more of the above symptoms, you should take steps to manage your credit card more wisely.

Cure…

$ Avoid store cards and get a low rate credit card to lower your interest payments.

$ Set up an auto pay to your credit card to ensure regular repayments.

$ Don’t just make the minimum payment - aim to pay off debt in 2-3 months.

$ Set up a surplus fund for emergencies, ideally one quarter of your annual income.

Emergency alert!!!

Symptoms…

$ You take out cash advances on your credit card to pay other bills.

$ Your  cheques bounce.

$ You get calls from debt collectors.

$ You lie to your family and friends about your spending or hide credit card statements.

Diagnosis… If you have two or more of these symptoms, your problem is more serious and will require more drastic steps.

Cure…

$ Add up the credit card debt you pay off each month. If it comes to more than 20 per cent of your take home income, seek professional advice.

$ Financial counsellors are generally free of charge and can help organise your financial situation and set up repayment arrangements.

$ Contact your financial institution to see if it can help consolidate your debt.

This is why having a budget is extremely important. It helps you structure your money and gives you a  clear outline of where your money is going. Always remember that a Budget is your number one tool to achieving your financial goals.

The Psychology of Money - Why we hate budgeting

Look, let’s face it, budgeting is really boring! It’s the end benefit of when we take control of our finances rather than our finances controlling us that is the exciting thing. We are constantly told that budgets will restrict us and take the “fun” out of life. On the contrary, a properly constructed budget will give you the financial freedom that you so want and deserve. This module will discuss the “negative myths” that surround budgeting and give you an understanding of why we feel this way. 

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The Psychology Of Money - Why Do Some People Do It Better?

Is it because these people are more gifted? They are more patient than others? Or is it that they are just boring people that prefer counting their money rather than having fun? This module explains why some do it better than others and how we can learn from them!

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The Pyschology of Money - What Is My Financial Mentality?

How do we feel about money? Do you know the difference between “good debt” and “bad debt”? Simply you can earn interest on your money but you have to pay interest if it is borrowed money.  Know the importance of this difference????

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The Pyschology of Money - How Marketers Manipulate You?

Let Greg tell you more about how Marketers work and how not to get caught. Again only go to a “sale” with a list of what you really need! Sale items bought with a credit card, with no plan to pay the card off ASAP, could end up costing you more than the pre-sale price.

Click here to view Training Module