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Credit Card Applications Demystified

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You learn something new every day! While reading some personal finance blogs tonight, I came across a great post that goes through almost everything on a credit card application.

A few things that I learned:

1.) Some cards with balance transfer offers may have a pre-payment penalty.

2.) Just because it says “Pre-Approved” doesn’t really mean you are.

3.) Always read the fine print.

If you are thinking of applying for a credit card, make sure you read this post first. Cap did a great job laying the important stuff out there in an easy to understand post.

Luck – Does it Really Exist?

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I think about all of the things that happened in my life (financially speaking), and I have been fortunate that in our darkest times something happened that helped us through. Maybe it was some unexpected money (like a forgotten rebate) or maybe it was getting an interview for a job.

Would you say that we were lucky?

Luck is a term used often, but sometimes I think there is no such thing as luck. Yes, there is something to be said about being in the right place at the right time. I think that can have a lot to do with what happens in our life. Then the question becomes, “Why were you in the right place at the right time?”

I believe it all has to do with one word – attitude. A positive attitude can do so much. Not only do you generally feel happier, your eyes are wide open to be able to see something that can make things happen…opportunities! For most of us, life is an upward battle and opportunities can take us to the next level.

Without a positive attitude, your head might be held low and opportunities can pass you by. When I was out of work and searching for employment, our credit cards were only a few hundred dollars away from being maxed out. I briefly lapsed into a depression because I didn’t know what to do because we were running out of borrowed money to live on.

During the time I was depressed, I wasn’t looking for work. Opportunities were passing me by and all I could do is basically feel sorry for our situation. I did snap out of it and I knew that if things were going to happen for us – I had to make it happen. I had to hold my head up high and believe in myself. Believe in my love for my family. Believe in my desire and power to make our life better.

I don’t think luck had anything to do with what happened in our situation. I believe it all had to do with a positive attitude and believing in ourselves. That’s something that we all have the ability to do and we all have the ability to be in the right place at the right time and make things happen.