Your MONEY meeting Cost are rising everywhere?
Is your money working hard enough in every area to cope up with the rising cost?
Let's start with the little things that we do daily.
We fill up gas everyday.
We do a little shopping here and there.
Most of us use the Credit or the Credit card or draw money from the ATM.
When we do these activities the banks charges invisible fees that a lot of us do not take into account as it is negligible.To us it is but to the banks it's big money.
How about turning the tables around and letting the bank pay us for
using their brand ?
Rule no.1
Never withdraw cash using your credit card.
The bank can never charge us for not using this facility
Rule no.2
Do all payment due on line or use the ATM.
We get small discounts at times and save time and money by doing this and make sure you pay all bills on time.
Rule no.3
Draw cash on a set day once a week only using your debit or ATM card only.
By doing this we will never exceed the pre-set maximum limit of number of withdrawals by most banks.
Most important remember your monthly credit card due date for payment and never exceed it.Better still pay days in advance.By doing all of the above and by having a positive balance in the credit card even if it's a very very small amount, you are now in a position to have your bank pay you!
Note that you will need to do some homework to find out if the issuing bank of the credit card pay us for having a positive balance.
Good luck! and get Lucky all the time.
This article is a courtesy by:
Rodzman bin Abdul Rahim,
Chartered Financial Consultant,(ChFC),RFP,Syariah RFP,Dip FP
www.greenifinancial.com
