Bayside, N.Y. (PRWEB) June 27, 2012
Personal Finance expert Walter Edelstein, CFP® is providing updated financial information and credit card advice on how consumers can reduce interest rates on their credit cards and how to better manage multiple credit card accounts. Consumers need to get objective information on best practices they can use to improve their financial situation. TheAdvice.com Personal Financial Site Network provides consumers with free information and easy to implement practical ideas to help them achieve their personal financial goals. Following is a summary of some of the new “How to” articles that have been published on TheAdvice.com Personal Finance Site Network.
While an increasing number of consumers are working to pay off their credit cards, it might take time for some to fully achieve it. Even someone who normally pays off their credit card each month could be hit with an unexpected expense that they’ll have to charge and which will take some time to completely pay off.
As consumers work to pay off credit card balance, it’s important to make sure they are paying the lowest possible interest rate. According to Mr. Edelstein "depending on your balance, and how long you carry it, getting your interest rate reduced by even a couple percentage points could save you hundreds of dollars."
This article provides straightforward steps that consumers can take to lower their credit card interest rates.
Some people get themselves in trouble by charging too much on their credit cards. In many cases this happens because they might have a number of different cards. While there might not be a large balance on any one particular card, it’s sometimes easy for the aggregate indebtedness to get out of hand.
There’s not necessarily anything wrong with having multiple credit cards, provided that consumers manage them appropriately. "Proper management of multiple accounts involves not just staying well-informed on your account balances and repayment terms, but also making the right decisions and taking the right steps to keep your accounts healthy", according to Edelstein.
This article explains to consumers how to take control of managing multiple credit card accounts.
About TheAdvice.com Personal Finance Site Network
TheAdvice.com Personal Finance Site Network was launched in 2009, and since then has provided consumers with hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:
Retirement Advice – where consumers can learn how to plan and navigate the path to the future beyond work, including 401K, IRA and Roth IRA information. Read how to develop a retirement plan or a pre-retirement plan that helps achieve individual long-term goals.
Insurance Advice – where consumers can find answers to many insurance questions including how to secure the right coverage for all home, health, life and automobile insurance needs.
Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.