Congrats to the winners of last week’s giveaways: Donna, Lynda, & Jen! We’ve got 4 more books to give out in the next two weeks, so stay tuned :) You better like these cuz it’s takin’ me a lot of time! haha… Here’s todays:
Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics
This book’s brought to you by co-authors Gary Belsky & Thomas Gilovich. Here is what Amazon has to say about it:
“In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces — the patterns of thinking and decision making — behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending.”
Want it? Tell us something stupid you’ve done financially over the years, and we’ll pick the winners this weekend – we’ve got THREE to give away! I’ll go first…my stupidest move was trying to hack my HELOC to pay less mortgage interest, right before the market crashed :(
Bonus tip: Find a good "balance transfer" offer to help pay off debt faster!
If you’ve been making payment after payment (on time) and still haven't been able to get your debt under control, snatching up a good balance transfer credit card offer may be the ticket to try. That’s where in order to gain your business - credit card companies will let you transfer your existing debt to a new card and let you pay ZERO PERCENT interest on it. Saving you tons every month!
What's the catch? Usually balance transfer cards charge a fee (around 3% of your debt balance) to let you transfer your balance to their 0% interest offer. But we've found a great credit card that will let you do a balance transfer absolutely free. Click here to learn more and see if you qualify!
PS: If you don't trust yourself with another credit card, ignore this! This strategy is to help you get out of debt quicker, not risk adding more to it.