All Jayme

On moving and money matters

We’ve just finished phase 1 of our house transfer. There’s still no water and electricity in the new apartment so we just moved some stuff that we don’t use that often like a couple of clothes and kitchen appliances.

The place is starting to look more like home bit by bit and I’m excited to buy some new furnitures and stuff for the kitchen.

Problem is moving houses can really hit a dent in your wallet and so far we’ve incurred some unexpected expenses that weren’t really in the budget.

I’ve never been a fan of credit cards because I don’t like incurring debt. But this time, I was thinking if we had a credit card, we could use that to purchase some expensive items and we won’t have to shell out big money outright.

I was hoping to get a notice of approval from one of the credit cards that we applied for but so far all we’ve got are rejections.

Just yesterday, I received a notice from one big name bank that they’ve denied our application. To think that we already have a relative from the bank helping us to process approval. She heard we were having a hard time getting approved for credit cards and offered to help. Unfortunately, she said , there’s really no way to get around the fact that we have a “talent” status in our current company and banks usually disapprove once they note that you have an “unstable job.”

As with any dilemma, I researched online for possible credit card options. Surely, there must be another way to get one or something that functions the same as a credit card.

I came across this new financial portal that features loads of articles about everything and anything about money and managing your finances. They offer free resources on credit cards, loans, mortgages, insurances, banking, investing and even the latest money news.

I looked up their credit cards guide and they had a guide on how to get your first credit card.

Some of the important tips I got from the article:

it’s important to look for credit cards that have good introductory offers on purchases and those that offer cash backs or cash rewards.

Try applying for a credit card in the same bank where you hold your savings account. Just make sure that you have a good standing with the bank.

If all else, fails you can always apply for a debit card. It almost works the same as a credit card only that you have to put in money in first.

I think the last tip would be our best option for now. Talk about delayed gratification.

Anyway, the site offers other good articles on personal finance. I’ll probably go back for another read tonight.

Just saw that the site is offering a free ebook on how to save money without cutting back. Now that would be interesting for someone who needs to save like me.

Meanwhile, we’re off to the mall to buy some baby stuff for Kalia and other stuff for the new home. Kernan has generously offered to be my financier for now. I so love my hubby.

Posted in: Miscellany

This entry was posted on Sunday, May 18th, 2008 at 4:17 pm and is filed under Miscellany. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.