2011年10月24日星期一

Don't be intimated by a big number,

Don't be intimated by a big number, you are not going to spend this money and you are not going to lose it.So let's say he gets a Visa for $20,000. Let's use our imaginations today and putNIKE FREE RUN, ourselves in someone else's shoes, his name is Joe Johnson.Joe Johnson is a data analyst for a large company, he works 9-5 and makes $55,000 / year.$55,000 / year amounts to $1,400 / weeks after taxes.His car lease payments are $300 / month.His car insurance payments are $160 / month.His apartment rent payments are $950 / month.His grocery/food expense is roughly $200 /Nike rift ninja Homme month.His Internet/TV/Cellphone/Home phone payments are $150 / month.He got himself into some debt some years back, and has to pay $250 /month on his credit cardsOnce all his bills are paid, and he is fed, he is left over with $790 / month to go out to movies, go to the bar, buy gifts etc etc.Even if out of that $790, if he saves $200 / month in a 4% savings account, in 5 years he will have $13,519.14 ($1,519.14 in interest). on December 31st, he pays back the $20,000 and leaves $800 in the account.In 5 years, of saving $200 / month + using the $800 /year from his balance transfer interest, JoeJohnson has now accumulated $18,025.52 (or $6,025.52 in interest).The even greater thing about this trick is, each year your available limit should increase. Not quite the down payment on a house he was looking for.But now let's throw some interest free money into the equation... He is allowed to use the full $20,000 for a balance transfer, and will have to pay 0% for the first 12 months.So on January 1st of every year (just to keep things simple), he puts the full $20,000 into his 4% savings account, and at the end of the year, he makes $800 in interest for free. Everyone should do this - unless of course you don't have the discipline not to touch the money.Barry Deen is President & CEO of Web Strategy Canada and one of the top affiliate marketing specialists in Canada. Let's take an example of a $50,000 balance transfer.$50,000 @ 4% interest = $2,000 / year$200 / month + $2,000/ year @ 4% compounded annual in 5 years= $29,011.77 ($17,011.77 in interest)Perfectly legal, incredibly easy, improves your credit, increases your net worth. All you have to do is simply apply for a credit card to do a balance transfer and request the maximum credit limit available to you. You will most likely need to sign up with different card companies. actually, let's explain how to get this free money.Many credit card companies offer promotions on balance transfers with very low interest Chaussures Timberland Femmerates, 0% in many cases. For information on how to make money online, checkout [http://www.makemillionsathome.ca] For information on Barry Deen and his company, Web Strategy Canada, visit [http://www.web-strategy.ca].





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