Have trouble with your credit card bills? Try paying weekly…
31 July 2006Browsing through blog carnivals often yields some good advice, and there is a good post here at the Good Human that makes a point about the psychological problems of credit card debts: it’s often much scarier to make monthly payments than weekly ones. If you go online, you can easily pay weekly even though they bill you monthly – and a $50 a week bill is mentally easier to accept than a $200 a month one. As the post points out, you can also apply this to savings, because small amounts saved weekly add up over time to big amounts you won’t have noticed.
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