Still looking for Mother’s Day gift ideas? What about a for your loved one or your mom?

I like the concept of this wallet — plenty of storage and organizational features. This leather zipper wallet can hold all my credit cards, checkbook and bills and change in easy to find spaces. The zipper on this wallet is much sturdier than the old I had and so are the zipper pulls!

The leather is soft and supple. This leather double zipper wallet is just what I have been looking for and at an affordable price, $12.99.

I will introduce a few more Mother’s Day gifts later. Read more »

Take note here if you are still paying 10% interest rate or 18% interest rate on your credit card debts. Why pay hundreds or even thousands of dollars in interest a year while you can pay 0% interest rate? Do you know that no fee balance transfers can save you hundreds or even thousands of dollars a year in interest?

Let me give you an example on how you can save hundreds or even thousands of dollars a year. It’s common for Americans to own a few credit cards. With only $2000 in debt on a credit card with a 12% interest rate, you have to pay close to $250 on interest a year. What if you have 2 or 3 credit cards which carry $2000 in debt respectively? How much do you pay for the interest for 3 cards? Yes, $750.

Why pay $750 a year while you can use it to pay off other credit card debts or invest it in mutual funds that yield 10% returns a year? Money that you save from the interest rate can also be channeled into paying off your mortgage loan or auto loan.

Before you apply, always take your time to visit a credit card comparison site to find a credit card that charges a 0% APR on balance transfers for one year, with no balance transfer transaction fee. Take a look at the interest rate offered at the end of the introductory period. Try to find a credit card with a low long term APR.

However, if you do not repay your balance in full by the end of the 0% period, you can always look into another 0 APR balance transfer again.

Ever since the introduction of no balance transfer fee credit cards to the American market several years ago, the number of Credit Applications has soared. Most money-savvy consumers use them to save money by avoiding interest charges on their credit card debts.

As no balance transfer fee credit cards allow you to transfer credit card debts from other cards and pay no interest on the transferred funds for 12 months, with no balance transfer transaction fee, moving balances from high interest credit cards to 0% credit cards with no balance transfer fee is a great money saver.

An example, transferring $5000 to a 0% credit card with a no balance transfer fee from a credit card with a 15% interest rate can save you over $750 over the course of 1 year. Imagine how much you can save if you have multiple credit cards!

Since you are not paying interest for a full year, you don’t have to rush to pay off your credit card. Instead, keep your money in a high yield savings account and earn interest on your money until the 0% interest rate is about to expire. This way, you not only save a few hundred or a few thousand with your 0% balance transfer, you can also earn another four to five percent on your money.

To ensure that you are applying for the best No Balance Transfer Fee Credit Card, simply make sure to take note of the interest rate, the length of the balance transfer promotion, and make sure you understand the terms of the offer.

You can still go on a cheap cruise vacation even though you are loaded with credit card debts.

One of the best ways to find a cheap cruise is to go online. There are hundreds of sites that offer deeply discounted cruises to almost anywhere in the world. For example, CruiseCheap.com is one of the largest website specializing in cruises online.

CruiseCheap.com also has some great “Hot Deals” on the hottest cruises that are only available for a limited period.

Fifty years and two months is the average age at which Britons manage to free themselves from debt. Yes, leading totally debt free life.

With increased borrowing, mounting credit card debts and student loans, consumers are not far off retirement before they finally pay off what they owe.

Researchers have found that, by the age of 50 years and 90 days, the typical adult will shake off the shackles of debt.

The survey, conducted by Your Money Matters, a personal finance exhibition in London’s Docklands, found that, until this time, the average Briton is saddled with unsecured loans for a variety of purchases, excluding mortgages. By the age of 50, they have paid off student loans, overdrafts and other borrowings for cars, furniture and the latest electrical gadgets.

Until then, the average Briton is in debt to the tune of £10,306. Men are deeper in the red, with debts totalling £12,631, while the average woman owes £7,982, excluding any mortgage.

To pay off their debts, people use a mixture of salary, inheritance, windfalls and profits from investments.

Research shows that men will, on average, spend more than three years longer to get themselves in the black. Men will typically be debt-free at the age of 52 and three months, while the average age for a woman to get out of the red is just 47 years and two months.

It is too easy to obtain credit in Britain and most people simply refused to save up for luxury items. The findings are grim, but believable. It’s easier to get credit from banks and building societies but there has also been a change in attitude.

Younger people seem less willing to forego consumer durables until they can afford to buy them out of their savings.

There are a lot of people in a cycle of debt. They’re paying for credit over ten to 15 years, which means they may not pay it off until their retirement.

The regional picture shows that Londoners clear their debts earliest, probably thanks to bigger salaries and profits from property sales. They start celebrating financial independence at 42 years and 11 months, almost a decade earlier than the national average.

In Scotland, debt-free status comes at an average age of 49 years and six months, while the Welsh are the hardest done by, suffering at the hands of creditors until they are 53 years and one month old.

As the cost of living continues to rise, people are being forced to save through their twenties and delay the major milestones of life their thirties.

On top of that, the average cost of a house is now well over £200,000 so they are not even getting on the housing ladder until 34. All of this and the average UK salary is just £25,986 for men and £20,488 for women, so it’s no surprise that the majority of us are hitting our fifties before shaking off the shackles of debt.

Tips On How To Stay Debt-Free:

• Avoid credit and only buy what you can afford from your income.

• Avoid store cards.

• Shop around for the most competitive mortgage deal.

• Visit an independent financial adviser who will find the savings and investment plans most suitable for you.

• Use your tax-free individual savings account (Isa) allowance each year.

• Invest in a pension from an early age.

• Set a realistic budget for future spending.

I just hopped over to YouTube and tried to see if I could find some videos about credit cards or credit card debts.

Surprised and delighted, I found this credit card song which was uploaded by Kylie Christie.

I guess I have become very obsessed with credit cards, credit card debts, loans, savings, debt consolidation loans, payday loans and all financial related matters.

It’s great to entertain myself with this light and funny video.

There’s nothing more we want than to be able to efficiently manage our money; pay off credit card debts fast.

After all, the money that we want to manage is money that is oftentimes, hard earned.

This is where a budget comes in. A budget executed properly, should help you see where your money is going, get more utility out of every buck, help you save some extra for future use, and pay off credit card debts fast.

The first budgeting secret is to set a goal. What do you want to achieve? Do you want to correctly appropriate your income into bills payments? Do you want to put an amount aside for a big purchase or a huge investment?

By having a goal, you will be able to shape your budget to best serve your interests. Read more »