DEBTSMART® EMAIL NEWSLETTER
ISSN 1538-6740
April 23, 2003 Issue 50

Tools for financial success!
A Free E-Mail Newsletter from DebtSmart® Online and Press One Publishing.

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Publisher: Scott Bilker, mailto:publisher@debtsmart.com
Editor: Richard Crammer, mailto:editor@debtsmart.com 

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For instructions to SUBSCRIBE, and DISCLAIMER, see bottom of this email.

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IN THIS ISSUE

==> Cool Quote

==> Letter from the Publisher

==> Entrepreneur Books Review of "Talk Your Way Out of Credit Card
       Debt"

==> 10 Credit Myths

==> Household Math™: Cash Flow

==> How Much?

==> Ten Easy Ways to Get Extra Cash

==> DebtSmart® Resources

==> Subscribe/Disclaimer Information

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COOL QUOTE

"We can't stop the waves, but we can learn to surf." 
--Jonathan Kabat-Zinn

Click below for quotes from all previous newsletters:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?04&7428

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LETTER FROM THE PUBLISHER 
by Scott Bilker

Hi,

Last summer I used homemade flashcards to help my son with multiplication. They were VERY helpful! I mentioned this in a previous email newsletter, but there have been many new subscribers since then that may have missed it.

I wanted to use flashcards, but I wasn't satisfied with what I found in the store, so I developed my own. The cards are 2.5 x 3.5 inches and are very basic, which is what I want. You're free to download and print the cards! Just be sure to print double- sided, in other words, the back of page 1 is page 2. The easiest way to print with Acrobat is: (1) even pages in reverse; (2) odd pages.
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?05&7428 

Have a great day!

Regards, 
Scott

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ENTREPRENEUR BOOKS REVIEW OF "TALK YOUR WAY OUT OF CREDIT CARD DEBT" 
by Peter Hupalo

"Talk Your Way Out Of Credit Card Debt: Phone Calls To Banks That Saved More Than $43,000 In Interest Charges and Fees! is a great book about negotiating with credit card companies to reduce interest rates and eliminate fees. This advice can save you thousands of dollars, if you carry a credit card balance. The savings Bilker achieved were significant. In one phone call, Bilker got the bank to lower the interest rate from 13.72% to 8.75%, saving $4,320.00, based upon the existing credit card balance. I highly recommend...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?06&7428 

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10 CREDIT MYTHS 
by Scott Bilker

As they say, "Knowledge is power." Many times people either act on false information or fail to act because they didn't know what could be done to their benefit. This is the case in many areas of life, but on the top of that list is money. And in the money category you will find lots of misinformation about credit.

There is so much to talk about on the topic of credit myths that...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?07&7428 

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HOUSEHOLD MATH™: CASH FLOW 
by Scott Bilker

Kim is trying to save $800 for tuition. She brings home $60 per week. Kim also has a total of $160 out-of-pocket expenses each month. How many months will it take her to save the money needed for tuition?

Click below to solve problem:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?08&7428 

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HOW MUCH? 
by Gary Foreman

Gary, I understand that 25% of my monthly income should be for mortgage, taxes and insurance. How much should I plan for the remainder of my budget? There are two of us in our household. Is there a set formula? Also, if I plan to retire in the next 5 years, should I be carrying a mortgage for the sake of a tax write off? 
--Debbie

Debbie's first question is a very good one. Knowing how much you can afford to spend in any category is important to a successful financial plan.

There is no set formula for dividing up a budget. That's because every family is unique. Housing costs vary by region. Family size and age will effect...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?09&7428 

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TEN EASY WAYS TO GET EXTRA CASH 
by Doris Dobkins

Are you in debt? If so, then you may be struggling for extra cash to pay off your debts and this article was written for you. We'll list a few ideas here for you to get some extra money. Now just promise to spend that money on your debt and not at the mall!

1. Have a yard sale. Are you still saving a bunch of stuff in your garage for a rainy day? Why not pull it out, clean it up and sell it for a few dollars. Your garage will look better and your debt balance will be reduced. Don't forget to...

Click below to read article:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?10&7428 

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DEBTSMART® RESOURCES

DebtSmart® Books, software, reports, in-print and downloads:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?01&7428 

Archive of DebtSmart® Email Newsletters online:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?02&7428 

How to use DebtSmart® articles FREE in your e-zine or on your web site:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?03&7428 

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HOW TO SUBSCRIBE TO THIS NEWSLETTER

All recipients of DEBTSMART® EMAIL NEWSLETTER have signed up voluntarily for the newsletter via our website.

TO SUBSCRIBE to this newsletter click on the below link and complete the subscription form:
http://www.debtsmart.com/cgi-pl/go/030423_en.cgi?00&7428 

Please contact mailto:comments@debtsmart.com with any comments, problems, or concerns.

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The author(s), Press One Publishing, and DebtSmart.com shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused, or alleged to be caused, directly or indirectly by the information contained in this email newsletter and/or at the DebtSmart.com web site. The information, methods and techniques described may not work for you and no recommendation is made to follow the same course of action. Every effort has been made verify the accuracy of all content contained herein. However, there may be mistakes; typographical, mathematical or in content. This email newsletter and the DebtSmart.com web site have been created for your entertainment only. You must always seek the proper professional advice before taking any financial or legal action. You have been warned.

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Copyright © 2003 Press One Publishing. All rights reserved. Please do not reprint, or host on your Web site, without explicit permission. However, if you found this newsletter helpful, we grant you permission, and strongly encourage you, to e-mail it to a business associate or a friend. Thank you.