Desert School Federal Credit Union News

Phoenix Children's Hospital Gets One Big Donation KPHO Phoenix - Feb 17, 2011 Phoenix Children's Facility Gets One Big DonationDesert Federal Credit union was also on hand and presented a check for more than $250000 for the hospital. The credit union is part of Credit Union for Kids, which raises paper money on behalf of Children's Miracle Network. The money will be used for PCH's 1 and more »

Wonkbook: One step closer to shutdown? Washington Post (blog) - Feb 24, 2011 Classless officials said that with Mr. Obama heading into battles over the federal budget, a plunge into the fray over supporters-sector collective bargaining could weaken his position as a deal-maker in WashingtonFor their part, many union leaders and more »

Why I left my children Salon - Mar 01, 2011 Component 3 of DOMA (the Defense of Marriage Act), which President Obama just declared unconstitutional, defines association as "a legal union between one man and one woman as husband and wife." It meant the federal government didn't perceive and more »

Carrot Festival Music Festival Imperial Valley Weekly - Feb 07, 2011 Some of the sponsors included Vessey & Society, Rabobank, Performance Mechanical Contractors, The Holt Group, Five Star Packing, CR&R, Pioneers Healthiness Care, Baja Farms, AM Desert Storm, Sun Community Federal Credit Union, Rodahl Construction, and more »

Bad faith healing Washington Post (blog) - Mar 02, 2011 2 - For the yet being, I won't dispute that GAO publishes a F/W/A report biennially, however, I'm wondering why I heard Senator Reid conditions yesterday "I don't often give credit to Tom Coburn, but his demand for this GAO report was the right thing to do

Libya: live report AFP - Mar 01, 2011 Times LIVEHe said that on their amends to the Libyan desert they saw two sport utility vehicles heading toward Wazin, which is across the border from Tunisia's Dehiba frame post, with about 40 soldiers on board. 1640 GMT: "In the years ahead, Libya could become all 619 gossip articles »

We Need to Cut the Federal Budget by 5%-Now Big Government - Feb 10, 2011 My only numismatic support for my family is provided by the government as a small payment from the VA for disability that stems from Desert Turbulence/Desert Shield. I get my medical care from the VA, however they really have not found any reason for my

Your Community: Dates to Watch and Upcoming Events Signal - Feb 20, 2011 7:15 pm, Friday, Pace 18, Mesa Union School, 3910 Mesa School Road, Somis. Info: (805) 520-9666. The Santa Clarita Valley Higher- ranking Center's annual free Caregiver Resource Day offers advice from peerless experts, who will discuss Alzheimer's disease,

Television movies for the week of Feb. 20 Pittsburgh Post Gazette - Feb 20, 2011 A unsophisticated author learns that his mother is marrying his former gym teacher, a man who made his life hell during high school. (PG-13) (2:00) COMEDY: Mon. 7 PM, Tue. 3:30 PM (CC) • Mo' Paper money '92. Damon Wayans. Two brothers go shopping with stolen credit

Good Ideas To Save Money And Suggestions To Pay Off Credit Card Debt?

May 07, 2009 by blk600cc | Posted in Personal Finance

Lil' biography on me. I currently have about $6,500 worth of debt. BUT, I have stuff to show for it. I have about one year left of college from getting two degrees (Fire Sphere and Automotive), I have a nice street bike (motorcycle) and I learned that Credit Cards are not something to rely on. I thought it would be good but denounce, I learned that they can get you in trouble. And I rarely use them anymore. Good thing before I got furthur in debt. But most of my debt went to my bike (did a currency advance for my loan), my schooling and my ex-girlfriend haha.

So now, school is coming to an end next week and I'm looking to work quite a bit making suitable money during the summer. Nothing spectacular since I'm 19 and don't have a degree yet but something to where it'll help.

Anyway, I plan to sell my bike for maybe $3,500 in August. I at best want it for the rest of summer and then sell it to decrease my credit card debt even more. So since I'm sure I can sell it, that knocks the owing down to about $3,000. And add a job and selling what I can around the house on eBay, I'm hoping to have the debt down to about $1,500 by the end of summer with my bike gone :(. But, I necessity to do that to make ends meet. As much as I hate to say that. Oh well, I have a car anyway.

But as of now, I'm $6,500 in credit card debt. I explained my plans but is there anything you can recommend doing to guard money? My debt is with three credit cards combined. One of them, I cut in half and then again in multiple pieces because I was using it too much so this way, I can't use it again and my only choice is to pay it off fully and then dele (Capital One), another one is with my current bank (Washington Mutual) and the other one to which the debt is the greatest, Desert Schools Federal Credit Union - the one I did a cash advance for my credit with.

Desert Schools is the most, then WaMu, then Capital One. Any suggestions on what to focus on to pay this off with the best strategy? Thanks.

And like I said, I almost never ever use my credit cards (maybe once every two months) but I needed the money and now I take responsibility to pay it off. Just looking for some help and insight. Be aware it.

Prevail 1: resolve to operate on a cash basis and use a brand name debit card off your checking account for your electronic payments. Put away the credit cards for emergencies and textbooks you forgot to budget for.

As for the credit card bills: treat the whole debt as a single advance to be paid back. This gives you a stable budget, visible progress, and a end date you can predict with some confidence.

Set a fixed amount you're booming to pay each month for as long as you still have debt. Identify the card with the highest interest rate and set that aside. Write checks for the slightest payment on the other two cards and put the remaining money on the high interest card. While you may balk at the minimum payments ("That's how I got in turbulence in the first place!") what you're doing is repaying the most expensive borrowed money first. Every dollar on a 24% card costs you about 2 cents every month, while a 12% slated costs just one cent.

Next month, do the exact same thing with the same amount of money. Minimum payments on the first two, maximum payment on the excessive interest. As the principal goes down, the interest goes down too and the money you pay in gets more effective every month.

When the high interest card is finished off, again use the same budget and formulary but focus on the next highest interest rate. And repeat until you're done!