0 Interest Rate Credit Cards Section
0 Interest Rate Credit Cards Article
Start With A Baseline
Making changes in your life is great and it is the way we grow and develop as people. Change is a constant process and part of being human. When you embark on changing anything in your life you have to start from where you are. Until you know where that is it would be difficult to effectively make the change. You have to start with a baseline.
Starting with a baseline is about honestly figuring out where you are and what you are doing so that you know exactly what needs to be changed. It may sound odd, but many of us are unaware of what we do. When my clients tell me they want to lose weight the first thing I do is have them keep a food journal for a week just to get a baseline. The next week they share how shocked they were to see not only how much they were eating, but also what they were eating. Many of us are on autopilot and we simply are not aware of what we are doing. When you track it - and this works with anything - you have a real picture of where you are and what needs to change.
I read a statistic once that said most people consistently spend about 10% more than they make. I believe that is true, and it is because what is being spent, especially on a credit card, is not tracked. I once had a client that just didn't have enough time to accomplish everything she needed to do. When she tracked her time for a week she was made painfully aware that she was spending hours in front of the television. The first step in change is awareness. You have to become aware of what you are doing and exactly where you are before you can proceed forward. Keeping track for a week or two will provide you with valuable information that will support your change effort.
Before you embark on any type of change effort you have to know where you are. I liken it to those travel maps that have an X printed next to "You are here." Until you are aware of exactly where you are - and many of us don't have a clue - it will be impossible to make the needed change.
The first step in your change effort is to determine where you are. Keep a log for a week or two. This will give you a realistic idea of what you are doing. You can track anything from how much money you spend to how many hours of sleep you get. Once you know the truth about where you are you can proceed.
Coach Rachelle Disbennett-Lee, PhD, is a Certified Master Coach specializing in working with business owners and professionals in being more profitable and productive while staying sane and balanced. Coach Lee is the publisher of the award winning e-zine, 365 Days of Coaching. Her first book, 365 Days of Coaching – Because Life Happens Every Day (Universal Publisher, 2004) was named a finalist for Best Book 2004 by Publish.com and has a five star rating on Amazon.com.
0 Interest Rate Credit Cards News
Local credit scores sliding - Cincinnati.com
Credit scores appear to be slipping for consumers in Greater Cincinnati and Northern Kentucky - at a time when many people are counting on credit to survive the recession and take advantage of low mortgage rates. An analysis of auto loan applications ...
Read more...How to beat the post-holiday credit card trap - News.com.au
Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? Break free ... kill credit card debt by sourcing a lower interest rate card and increasing your repayments / File ...
Read more...Beating the credit card trap - News.com.au
All you need to do is source a lower interest rate card and increase your repayments. Or better yet, do both, simultaneously. Pay more than the minimum repayment as it will take you about eight years to pay off a $1000 card debt if you only pay the ...
Read more...A Recession of Excesses - Tothecenter.com
The end result of recessions always seems to be the same: bad. This time around the way things got started though, seems to be a bit different in that the recession didn’t start as the result of the natural business cycle with its quasi predictable ...
Read more...Second bank bailout not on the cards, UK's Brown says - FXStreet.com
LONDON, Jan 4 (Reuters) - The British government is talking to banks about stepping up loans to credit-starved companies but a second bailout of banks is not on the cards at present, Prime Minister Gordon Brown said on Sunday. "I don't think that's ...
Read more...