A goal or two.Q A I'm a college student seeking advice on how to get out of credit card debt Credit card debt is an example of unsecured consumer debt, accessed through ISO 7810 plastic credit cards.
Debt results when a client of a credit card company purchases an item or service through the card system. . My debt total is $2,000. I make $450 monthly. Should I consider debt consolidation? Also, I am planning on starting my own Internet Care in New York City New York City: see New York, city.
New York City
City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . What steps I should take?
--Via the Internet
Although it may seem like a lot, $2,000 is not a lot of debt. If you can eke out eke out
1. to make (a supply) last for a long time by using as little as possible
2. a few extra bucks a month, say $50, then try putting that amount toward your credit card debt. That way, you could be out of debt in a little over three years. Also, ask your parents to match the amount you put toward the bill. For example, if you're paying $50, ask them to pay $50 as well.
Try to find a summer job or internship internship /in·tern·ship/ (in´tern-ship) the position or term of service of an intern in a hospital.
n the course work or practicum conducted in a professional dental clinic. that pays more and apply that additional income to your debt. Debt consolidation would not be a good idea because your situation is not severe. To stay on track, don't spend anymore on your credit card or the debt will rise.
To get started on your future goal, do some research to see if your idea is viable. Log on to www.internet-cafeguide.com, which offers a quick and easy guide on the topic. Also, visit The Workshop in Business Opportunities (www.wibo.org). WlBO offers a 16-week course that helps you build your business plan. Also, apply for our Financial Fitness Contest at www.blackenterprise .com/wealth/wbk.asp for a chance to win $2,000 and consultation with a financial advisor.
Mail your consumer empowerment em·pow·er
tr.v. em·pow·ered, em·pow·er·ing, em·pow·ers
1. To invest with power, especially legal power or official authority. See Synonyms at authorize.
2. questions to Ask Your Advocate, BLACK ENTERPRISE, 130 Fifth Ave., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10011 or send an e-mail to email@example.com.