My New Blog

You know that I am big on helping you save your hard earned money. Well here's a fact that shouldn't come as a big surprise. A recent study showed that on average, people who use credit cards spend a third more than people who don't.

So if you spent a third less, it would be like getting a 33% raise. And I don't know about you, but if I got a 33% raise, I'd get real excited.
So don't take this message lightly.

The study went on to say that the reason credit card users spend more money is because when they pay by credit card, it doesn't feel like real money.

I thought about that statement for a bit and discovered it applies to me too; somehow it doesn't feel like real money when I use my credit card.

So I have a challenge for you... Let's try for 1 whole week not to use a single credit card. I know you may think, "there is no way I could do that". But my response to you is, if your boss told you that you would get a 33% raise if you didn't use your credit card for a week, would you do it? Just a simple idea, let's just try it for one single week.

Speaking of saving 33%, last week some clients came in for their yearly mortgage review and we lowered their total monthly payments by $153. Now that may not seem like much, but get this, we structured the deal based on a free, no obligation Total Cost Analysis and determined that they would have their home paid off 12 ½ years early!