A new TV show premieres tonight called “Bank Of Mom And Dad!” Haven’t heard much buzz about it, but I have to tell you it looks all sorts of fascinating. Imagine YOUR parents moving in to help you get YOUR financial life in order? Hah!!! Here’s a blurb from SOAPnet.com:
Each week, one twenty-something woman who is drowning in debt must pay the ultimate price: having her parents move in. With the assistance of financial expert Farnoosh Torabi, Mom and Dad teach their daughter to rethink her spending habits and transform her relationship with money.
It’s too bad it circles around women only (maybe the guys were too panzy to try it?), but nonetheless it’s juicy enough for me to watch. Check it out on SOAPnet tonight (Wed.) @ 10pm EST if you’re around, and let me know what you think!
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.