One key to special offers is to ensure that you have the cash to pay for it. That way it won’t be put on high-interest credit, you won’t have to worry about making a payment in 30 days, and it won’t hurt you if the money isn’t earmarked for something more important like groceries.
In addition to the convenience of a credit card, companies often offer special rewards and incentives for using their card. Things like air miles, cash back, or points in their gift mall may seem like a good deal, until you consider that studies have shown that people who use reward cards…
When you create shopping lists, you’re much less likely to forget something requiring you to make last-minute trips to the store. When you make more trips to the store, you naturally spend more money because hardly anyone who shops can resist those sales more than a few times before they break.
By contrast, debt settlement and debt negotiation are typically offered by for-profit companies. They deal with the credit card companies, look at your budget, and come up with a monthly payment that will be applied to each of the debts you have listed in the debt management program.
Shopping isn’t something you should do without a plan, so set up a time and plan of action that you can take. You’ll need to use several resources to find the right items at the right price with the right value. But if you do it carefully, you’ll buy quality merchandise at the right price.
Some consumer credit counseling services may offer debt management and/or debt settlement. Some will also offer bankruptcy counseling.