Archive for January, 2007

A Balancing Act : Credit Card Balance Transfer

“Balance transfer at 0% for 3 months”
“Balance transfer at 4.99% for 6 months”
“Balance transfer at 6.99% for life”
Finally, there seem to be an escape route on credit card debt. Welcome to the hotly contested credit card balance transfer game. Comparing with the standard 18% p.a interest rate, these promotion rates offer a great opportunity [...]

How To Avoid Repeating 2007 Financial Goals in 2008

2006 has gone and the new year is here. Have you set yourself any financial goals for 2007? Consider the following:
* Save at least 10% of my monthly income;
* Reduce my credit card balance;
* Buy life insurance; evaluate my investment portfolio;
* Start retirement planning
Sound familiar? These goals are more like an echo from [...]