How to Erase Credit Card Debt

In order to erase credit card debt you are taking on a big challenge. You have probably come to this point after the debt on your credit cards has made your budget impossible to handle. The credit card companies send you pre-approved cards without your knowledge offering you a card without any charge for purchases for a certain period of time. It just happens to be around Christmas time or some other holiday and you could use some unexpected extra money, so you charge a few things which lead to many more. Next thing you know, you've reached the maximum on the card and it is time for the percentage to kick in. Now you owe much more than you expected and you're not sure how to get your budget back in line.

You've heard about consolidation of debt to erase your credit card debt but you do not know much about it. The truth is you can do this yourself without paying someone else by reassessing your assets and liabilities and then setting aside a specific amount of money each month to pay towards getting yourself out of credit card debt. This will take determination and some sacrifices but in the long run it will be worth it. You will feel satisfaction in yourself and your efforts when you can look at your checking account and there actually is some money in it after you pay your bills.

Negotiating with your creditors is the hard part. Some credit card companies are willing to work with you to erase credit card debt so that they get most of their money back, but others will not be so cooperative. This is when some people will turn to a third party such as a debt consolidation service. If you choose this course of action, it is important to make sure that the company is reliable. You can do this by contacting the Better Business Bureau who will give you all the information you need to make an intelligent decision regarding which company will best suit your needs. The problem with these debt consolidation companies is that they make statements that they can not always back up. It usually comes down to them trying to sell you their special program which you have to pay for before they'll help you.

The better course of action is for you to take charge of your finances and work towards paying your debt with a positive attitude. This will go a long way in helping you in your negotiations with your creditors. If your creditors feel that you really want to pay off your debts and are not just trying to find some way out of paying them, they will be more willing to try to accommodate you in your attempt to do the right thing. It may take a few years of cutting down your spending habits but it can be done. You should sit down and make a detailed plan as to how you can cut your spending and which credit cards needs to be paid off faster than others.

Another option is to move some of your credit around from a credit card with a high interest rate to one with a lower interest rate. This is called a balance transfer and will help with your monthly budget. Any extra money you receive such as a tax return or an inheritance should be applied towards the paying down of your credit card debts. If you apply yourself to erase your credit card debt, you will find that you can do this without having to pay some third party to assist you.

Top Five UK Restaurant Stories – July 2010

5. Skye Restaurant Named One of the Top 5 in the World by Famed Critic

A restaurant in Skye has been declared one of the best five places in the world to eat by famed food critic Frank Bruni. Staff at The Three Chimneys were ecstatic at the news that Mr Bruni rated them so highly, with the critic lavishing praise on the popular sea food restaurant in an article, stating that the restaurant was “an enchanting experience through and through. Some diners come by helicopter from Edinburgh or Glasgow: that’s how big a deal this restaurant is in Scotland. It’s intimate, beautiful, serves amazingly fresh local seafood, and does right by the local lamb as well.”

The restaurant is run by a husband and wife team, with Shirley Spear acting as Head Chef while running the business alongside her husband Eddie. She said that “We did not know it, but he visited us two years ago and obviously still retains fond memories of his experience here. To be selected as one of only five well-known greats such as Trattoria Monti in Rome or Hill Country in New York is staggering.”

The Spears took over the restaurant when they decided to make a lifestyle change and move their young children from Croydon to the comparatively quieter region of Skye.

4. EU Not to Ban Selling Eggs by the Dozen

In a move that food lobbyists in Britain will likely celebrate, it has been confirmed that the EU is not planning on banning the sale of groceries by quantity. Renate Sommer MEP responded to suggestions that shoppers might have to change their habits by stating that “There will be no changes to selling foods by number.”

Earlier in the month the European Parliament rejected an amendment that proposed that some foods traditionally sold by number could be exempt from the proposals to label food by weight.

However Ms Sommers confirmed that the new rules would simply allow for both weight and number to be indicated, requiring little in the way of changing the traditional method of purchasing. The law appears to have no actual effect on how goods are sold, and simply seems to enforce that each product sold should have its weight indicated.

British Labour MEP Glenis Willmott said “there is absolutely nothing in the new rules… that would prevent producers from selling their products by quantity – so to say that it won’t be possible to sell eggs by the dozen is plain wrong”.

3. Bromley Beats Out Birmingham to be Named UK’s Curry House Capital

The small town of Bromley has been named the UK’s curry house capital after a survey revealed that the town had one Indian restaurant for every 853 residents in the town in south-east London.

The town beat of stiff competition from a number of other locations, including Birmingham which has become renowned for its “Balti Belt”, a range of Indian Restaurants in the city centre. Other hotspots include Reading and Leicester.

There are currently believed to be around 9,000 Indian restaurants across the country, with Birmingham hosting a large amount of them but simply not matching the restaurant to person ratio of Bromley. The survey was released to commemorate the 200th anniversary of the UK’s first Indian restaurant, with one in five UK residents now claiming that Indian food is their favourite meal.

2. Radical Indian Restaurant Defies Normal Conventions

Chef Dev Biswal is looking to bring through wholesale changes to the Indian restaurant scene after opening a restaurant that doesn’t serve any curry dishes but does serve pork dishes. The controversial move comes attached to a promise that the restaurant will provide gourmet Indian food, however the use of pork seems to go completely against the halal traditions upheld by most Indian restaurants.

Biswal, who has worked as an executive chef in a Michelin starred restaurant, says the move is “something almost unknown in the UK’s 10,000 predominantly Bangladeshi-owned south Asian establishments.” Dishes are scheduled to change daily and will include a range of off-kilter Indian recipes.

He also intends to prove that wine can be matched to Indian cuisine, and is holding a tasting session to prove his point on the 8th August.

1. The Restaurant Show Begins Preparations for 2010 Event

The Restaurant Show 2010 is getting closer and closer, with event organisers promising everything from live shows to competitions and seminars in an attempt to attract visitors working in the restaurant and pub sectors. The show is now in its 22nd year and will run between October 11 – 13, boasting a line-up that includes some of the UK’s biggest chefs as well as tips from restaurant heads on how to succeed in such a competitive field.

Show organisers are planning a number of features, such as;

- A Centre stage to host the top chefs in the business as they provide workshops for interested foodies.

- A competition theatre that will see chefs from around the country go head to head to see which can create the best dish.

- A drinks quarter that allows bar managers to gain extra information and insight into stocking the right wines and spirits.

- Business seminars in which visitors can tap the minds of some of the biggest names in the industry.

Clair Bowman, features manager for the upcoming show, claims that “This year’s Restaurant Show is set to be the best yet – in fact I’d say it’s a must attend event for those working in the industry. We have a number of really exciting features, key industry networking opportunities and high profile competitions running over the three-day event providing even more entertainment for our visitors.”

Maintain A Healthy Lifestyle

Our modern, urbanized lifestyle relegates most of us to a sedentary lifestyle. Sitting or working behind the computer is commonplace. While it is almost impossible to give up our jobs, there are ways in which we can incorporated exercise into our hectic schedules. If you live in an apartment, make the effort to walk your way up to your residence. If you take public transport to work, try flying from the train or bus one stop earlier and walking the rest of the way. Take time off to exercise at least twice a week, 30 minutes each time. Vigorous exercise engages the cardiovascular muscles and improves blood circulation, reducing the risk of high blood pressure.

Maintain A Healthy Diet

Our food intake today includes some form of processed food. Increased affluence has led to demand for better lifestyle and with it, food that looks appealing and tastes good. While it will be impossible to eradicate processed food altogether in your diet, try replacing some of it with fresh food. Replace sausages and bacon with fresh meat. Use natural seasoning like species and herbs instead of pre-packaged condiments. If you need to snack, choose apple slices or cupped corn over potato chips. When eating out, ask for reduced salt or go salt-free. Cutting down on salt goes a long way towards giving yourself a healthy body.

Reduce Stress

We live in a competitive world. The pressure to perform both in the workplace and at home brings stress to us at a level never witnessed before. If you feel that you are burning out, drop your work and go for a walk. Take a stroll through the park or sit quietly by the beach. Breathe some fresh air. Find a moment of solitude and let your mind enjoy some peace, even for a short 30 minutes. Better still, set aside at least an hour every week to spend some quiet moments by yourself. Do not wait till the stress starts to build up. Prevention is better than cure.

Avoid Excessive Alcohol

Research has shown that excessive alcohol consumption has the effect of increasing your blood pressure level. In addition, alcohol contains calories, which leads to weight gain, one of the factors leading to high blood pressure. If you are a heavy drinker, aim to reduce your intake gradually over time. If you must drink at social functions, limit yourself to just one or two drinks. Having less alcohol cleanses your system and puts your body on a path towards normalcy.

Quit Smoking

Smoking is one of the foremost contributors towards the increase of blood pressure. Smoking increases your blood pressure temporarily but instantly. Frequent smoking increases the frequency of increased blood pressure and the long-term effects of such temporary blood pressure increases can not be ignored. Aim to quit smoking over time. Reduce your number of cigarettes gradually till you have quit altogether. There is another benefit to be enjoyed: The gradual absence of nicotine also reduces your chances of getting narrow arteries and hardened artery walls, two major factors leading to blood clot, which in turn causes heart attack or stroke.


In summary, exercise, eat healthily and remove stress from your life. Also aim to reduce your alcohol intake and quit smoking. A few simple changes in lifestyle not only greatly reduces your chances of getting high blood pressure but also makes you more fit and feel good!

10 Essential Investor Tips For Successful Investing

Trading and investing into the financial markets has never been more popular. More and more people are starting to see the benefits of taking a little time to, first invest in themselves through a trading and investing education, but also using that knowledge on the financial markets.

Whilst traders may take quicker positions and investor will most likely be holding positions for much longer, sometimes months or even years. So, if you fancy investing into the financial markets successfully, and profit from companies you already know about like Google, Facebook or Microsoft, then these are the ten essential things that an investor must do and know before they start. Let's take a look …

1. What are your goals?

It sounds simple but many people start investing into a trillion dollar market without any type of plan which, let's face it, is essentially a gamble. Whilst it can be very simple to invest profitably for the long-term you must define your goals as this will align your expectations correctly, so you do not kick yourself in the teeth if you do not hit a million dollars in one day. For example, knowing whether you are investing for the next five or twenty-five years can make a huge difference to how you decide to invest.

2. Start early for compound interest

The single largest reason to the success of most billionaires is the power of 'compound interest'. Even Albert Einstein regarded this as the 'eighth wonder of the world'. It basically means that your money makes you money as all the gains you make put back into an investment so it compounds and builds over time. Sounds good right? It definitely is! The earlier you start the better but no matter how old you are it's never too late to start but effective that you do actually start!

3. Every little helps

No matter how little or how big you can invest, it is well worth investing on a regular basis. It sounds so simple but most people do not see the point in investing just $ 10 per month. However, if you look to the future by the time you're very old that amounts to a lot especially if you parked it into some good investments over the years. Of course, most people have a 'spend today and save tomorrow' mentality and that's the trap folks. Save and invest regularly to reap the rewards in the long run – you'll be glad you did.

4. Diversify

It's imperative to spread your capital across a wide range of investments to reduce your risk and increase potential returns over the long-term. Whilst some investments are doing poorly some others may be doing great, thereby balancing it out. However, if you're fully invested into just one thing then it's either 100% right or wrong. There are thousands of markets across treaties, stocks, commodities and indices so the opportunity is there.

5. Educate yourself

By far the most important tip. You must educate yourself and learn your craft. After all if you're investing your hard-earned capital it makes sense to do your homework. Even if you read all the articles here and watched all the videos you'll be doing far better than the majority of investing wannabes who simply give away their money to the markets.

6. Have practical expectations

Of course, we all want that million dollar investment and for many it will come at some point. But you can not plan for that, if it happens great if not then you still need a plan to survive and to reach your goals as discussed in the first tip. Remember it's the journey that's the most beautiful part and what you do on a daily basis that makes the difference.

7. But do not limit yourself

It's important one must remain conservative in deciding which investment to take. However, that should not limit you to just what you know. Be creative and find opportunities no matter how inconvenienced they may be. After all if it was that comfortable everyone would be doing it. Be adventurous in finding opportunities but be conservative in deciding which ones to take.

8. Manage your risk

Successful investing is all about managing risk. If you have $ 1,000 to invest then there's no point in putting all of that on just one investment. You're basically saying it has a 100% success rate … which of course is extremely unlicly. If you follow the steps above, like making sure you diversify, then you'll be on the right path.

9. Review constantly

A very simple step to achieving more than what you are already doing is to review your investments constantly. However, this does not mean to look at your profit and loss of a five-year investment every single day – you'll never make it to the fifth year as markets move up and down. But it's important to review what investments have worked and have not worked. Concentrate on doing more of the stuff that has worked and find out where you're going wrong with the stuff that has not.

10. Have fun!

Sounds simple but most people forget that best work comes from when we enjoy the process. Whilst investing is a serious process you are allowed to enjoy it too. In fact the buzz of finding an opportunity, researching it, investing into it and then seeing the result is exciting in itself.

There you have it ten essential tips for successful investing.