It's no secret that Suze Orman is a master at telling people how to get out of debt. If you haven't heard of her and are in a money crunch you may want to give her inspirational information a look. Suze will be the first one to tell you she came by all of her knowledge the hard way. She overspent and didn't save. Besides all of her other helpful hints on how to get out of debt she is now joining a few others in getting consumers to use a card that develops their credit score. She says "Wouldn't it be fabulous if, for the first time in history, people are literally rewarded for spendng cash, vs. penalized, in my opinion, for doing so?" My answer to that is you betcha! Her prepaid card is $3 to obtain and $3 per month. It's rivaling the very popular Walmart Moneycard. Right now, using debit cards both the prepaid and the kind tied to your checking account doesn't influence your credit score. If your 2012 resolution is to get that credit score up so you can purchase a home this maybe one simple way to get started. I say divide and conquer. What card (start with 1) can you do without and pay it off.....then go to the next one......So, maybe it's time to ask yourself....What's in your wallet and why?
Jill Elliott is a real estate agent with JP and Associates Realtors. She specializes in residential real estate in Frisco, The Colony, Little Elm and Plano. She can be reached at 469-500-1300 or JillElliotthomes.com
Author:Jill Elliott Phone: 469-500-1300 Dated: January 17th 2012 Views: 3,179 About Jill: When you choose to work with Jill expect a blast of energy, dedication and commitment unmatched in t...
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