Monday, March 10, 2008

How to use a credit card to get your first 5k investment account

If you have not read my post on how to make 120 a year by paying your bills, Please do so.

Now all you have to do is follow that procedure. to get your 1k balance on your credit card.

YOU then get 4 more cards that have 2500 credit limits.

you use their usual 0% for a year,balance transfer offer, to pay off the card you put your bills on.

Since its a 2500 card, you can send 2300 safely to the bill card. NOW you have 2 months bills covered, as you have a 1k credit on your card.

So you now have 2300 on a 0% card for 1 year. this can be paid off at 200 a month
painlessly. or pay 100 a month and have 1200 that needs a transfer next year.

Meanwhile your cash that you would have payed those bills with is you your bank account.

After 4 months you have 4-5k in there. HEY there is your investment money.

You have 4-5k because you used a second credit card balance transfer to pay 2 more months of bills.

Now at the end of 1 year.YOU need to have gotten 1 more credit card,with a 0% offer.

If you payed 100 a month per card, you now have 1200 on each card at the end of 1 year.

You now have a 5th card with a 2500 credit limit so you transfer 300 to one card so you have a 1k credit. And you pay your bills with that credit.

Meanwhile you take your paycheck cash and pay off the other card.

NOW you have 2300 at 0% for another year.

You either pay it off 200 a month or you flip it 1 more time next year.

You just made your 5k investment money and it cost you nothing in interest.IT just cost you some due diligence and some of your time.

good luck

Friday, March 7, 2008

work at home scams

YOU may have heard of thes companies that state,assemble our products at home and submit them for payment on a per piece basis.

MOST of these offers are fraud. What these companies really want to do is sell you their materials kit, PERIOD.

When you buy the kit and assemble the product. YOU are supposed to mail the finished item to the company to get paid.

BUT THEY WILL NEVER PAY YOU.

Instead they will state that you did not assemble the item correctly.NO MATTER IF IT IS CORRECTLY ASSEMBLED OR NOT.

THEN when you get pissed off and want your money back, using their money back guarantee.

THEY will state you did not send back the complete materials kit and therefore are not entitled to a refund.

THIS obvious catch - 22 is because you used part of the kit to assemble their product.

IE you get ripped off.

OR worse you allow your credit card company to get ripped off, as the floor limit for challenged charges is 50 bucks.

IE they will refund to you a 29.95-39.95 kit fee and not follow up their demand for payment
from the merchant, when the merchant refuses to refund the fee voluntarily.

THIS IS HOW MOST ASSEMBLE PRODUCTS AT HOME FOR PAY SCAMS WORK.

THEY ARE A WASTE OF TIME AND YOUR MONEY.

THIS POST IS BASED ON MY DIRECT PERSONAL EXPERIENCE an research that you can easily find by a simple google search.

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