Wednesday, July 7, 2010

GET ON BOARD Taylor 9th Ward!
It wasn't Raining........ when Noah built the ark.


Yearly Food Storage Plan:
Each week buy the items listed and store them. Buy the largest quantity you can buy, that makes sense for your family, and that you can sensibly afford and store.

If you miss a week, skip it and go on; don't get behind.

Replace the items as you use them.
July:
Week 2:
Jams, jellies, honey, pectin, sure-jell and 'canning" supplies if you can.

Be Prepared "When the Lights go out!"
(Let your light so shine)
What will you do when the lights go out?
We are spoiled by the wonderful convenience of electricity. It powers our world and we are dependent upon it. When we find ourselves without power, our world comes crashing down around us. This class is to get you thinking about how you would take care of your home and family WHEN the power goes out.
Date Night/class on Saturday, July 17th at 6:00 pm
@the Merrill Home in Taylor Farms.
~Dinner and getting prepared! Come learn and enjoy!


Financial Plan:
Simple weekly financial lessons and assignments to help you become financially stable this year!

UNDERSTANDING CREDIT AND CREDIT CARDS

Credit cards, like loans, allow you to build up a credit history. This may help you with credit related activity such as getting a student loan, car loans, renting an apartment, or buying a house. Credit cards are also convenient since they provide a reduced need to carry cash or checks, and provide security in case of an emergency.

However, credit cards are not for everyone, and if you have one you need to act responsibly. You need to be able to afford a credit card, and also need to try to pay off the balance each month. The over-use of credit cards has been a major reason why so many individuals have too much debt, and why bankruptcy rates are high.

Consumers are bombarded with offers from credit card companies, offering various incentives and interest rate options. For those that fall into the credit trap, being in debt seems almost forever. Meanwhile, high interest charges and late payment fees eat up most of their available money. Many credit card holders do not even know how much they are paying in interest, and what impact it has on their overall financial well-being.

Credit cards are plastic cards issued by a bank or other business allowing the holder of the card to purchase goods and services without using cash, also called buying on credit. They allow you to purchase things that you may not currently have the money to buy.
When you use a credit card, the credit company that issued the credit card pays the store. Later, you will get a bill in the mail from your credit card company for the amount you purchased. At that time, you can either pay the bill in full, or only pay a minimum amount, and wait till later to finish paying. If you wait till later, you will owe the credit card company interest on the amount that you do not pay.

1 comment:

  1. This brings us to your credit cards. It is always important to pay all of your debt on time. However, if you are truly overextended, this may not be possible. If you know that you need to miss a payment on at least one or two cards, you should be proactive with your creditors. Call each of your creditors and honestly explain your financial situation. Let them know that you will likely miss your next payment. Don’t make weak excuses. If you have a true hardship, you might find that your creditors might be willing to work with you. After all, it is in their best interest to do so. If you’re already behind, many creditors will arrange a payment plan to help you to catch up. Let them know that you are sincere in your sentiment to bring your account current. Tell them how much you might be able to afford every month. Inform your creditors that you fully intend to catch up.

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