RETIRE.FUND: If you were walking through the desert, with four camels on your back, and had two flat tires, How many pancakes would it take to bury an elephant?

The Answer: TWO! Because an alligator only eats two ice creams!

Confused?

You should be, because nonsense is nonsense. There is no explanation for nonsense, and sadly, there is no cure for stupid!

If you run up a huge credit card balance, buying for the sake of buying, you create nonsense. If you fail to pay off your credit card balance every month, then you may well be stupid! (sorry, but the truth often hurts) At the very least, you are not looking after your pennies, and as I have said before, if you
" look after the pennies, the dollars will look after themselves "!

In a nutshell, if you qualify for a credit card which often costs you 19% or more, then you would also qualify for a line of credit which usually costs 1 or 2% above prime. If you absolutely cannot pay off your expenditures every month, at very least, you should carry the balance on your line of credit and NEVER on your credit card!

This is a simple strategy which can save you huge amounts of money over time. Now do yourself another financial favor (after you secure the line of credit). Call your credit card company and advise them that you are shopping around for "best rates" and ask them directly to drop your interest rate. Many companies will drop it to as low as 10% just to keep you as a customer. Some won't! That's OK because that is why you are "shopping around for best rates"

Stop the nonsense now! Start being smart!

"Look after the pennies, and the dollars will look after themselves"!