We all make them – MONEY MISTAKES. It’s easy to fall into the traps and snares that credit card companies, banks, and other lending sources are so good at enticing consumers with. We are inundated with special offers, cash back, rebates, guarantees, rewards and so on. Buyer Beware! These tactics and offers are designed to keep you in debt. We recently did an episode on The Credit and Finance Show about common money mistakes.

These mistakes include:

• Paying on minimums on your credit cards. This can cost you thousands of additional dollars in interest and fees.
• Buying a brand new car. AAA auto in a study states that concluded that the average new car depreciates $3,392 per year.
• Smoking. This is a costly habit that costs an average of $2000 per year. The health costs are immeasurable.
• Keeping a drafty attic. You can often find low cost services that can help with insulation if you cannot do it yourself.  Beware of spending too much on high dollar energy savings items.  Weigh the costs against the savings.
• Ignoring your student loan. Student loans do not go away. If you are unable to make your payments call the lender and let them know.

Other resources:

12 Obscure Websites That Can Save You Money

Avoid These 7 Cash Back & Credit Card Traps

Many of us make common money mistakes that can not only cost us thousands of dollars, but can also affect our credit rating rating. If you have made financial mistakes, like many of us have, we can help. Call us today and start changing your life from fear and frustration to happiness and relaxation.

Tags: budget, business, collections, Credit Education, credit score, credit tip, debt collection, finance, money, saving, Wealth

Today Victoria and Jeff was joined by Author, Motivator, Divine Inspirational Speaker, Dr. CJ Koen.  Today’s scripture is: “For I know the plans I have for you, “declares the LORD,” plans to prosper you, and not to harm you, plans to give you hope and a future.” Jeremiah 29:11 (NIV)

We had a blessed wonderful time today with Ms CJ Koen on BlogTalkRadio,  Below are a few nuggets from today’s show.

• Prosperity  is not your economic situation but your heart situation.
• God wants us to prosper.
• God does not give us spirit of fear, but of power, love , and of sound mind. 2 Timothy 1:7
• God knows what is coming down the road.
• When God gives you something he gives you peace with it. (Psalm 29:11)
• God knows what is best for us. People want to buy a home, but may not be financially, or emotionally ready to purchase that home.
• Seek God’s wisdom before making major decisions.
• God wants us to have plenty of  joy.
• Money is not evil. The LOVE of money is evil. (1 Timothy 6:10) Listen to how Ms CJ breaks down the truth.

Click here to download today’s show and get all of the golden nuggets from today’s show.

For more information about Ms. CJ Koen visit her on the web at mscjandyou. Follow her on twitter @mscjandyou. Join her on facebook,   Listen to Ms CJ Koen on BlogTalkRadio, Her show is uplifting and inspirational.

Tags: credit, Credit Education, Empowerment, finance, Inspiration, Life, Money Tips, Wealth