Welcome to Universal Wealth Creation.com

This site have been developed as a resource for people

searching for the best ways to create wealth and increase the

quality of their lives. Inside you will find reviews of the latest

Investment strategies available.

Wealth Creation

Home Page

FINANCE SITES

AFR
AFR BOSS

AFR Photos

Asset

BRW

CFO

Fairfax Photos

Fairfax Research

Leverage

MIS

MoneyManager

Personal Investor

Shares

Tradingroom

Business & Finance Articles

The Christmas Temptation - Department Store Credit Cards
By: Roy Thomsitt

Now that we are heading at breakneck speed to the peak retail season (ie Christmas), you will soon, if you are not already, be wondering what to do about all those gifts and other expenses that need to be catered for in the holiday season. November and December are months not only of major expense, but also of major temptation; such as department stores and department store credit cards.

Many of those temptations will be glaring at you in the local department store. The Christmas decorations, the wonderful foods, the specially wrapped sweets and chocolates, the fashions for the Christmas parties, the jewellery and perfume to impress your girlfriend. Increasingly over the next few months you will be surrounded in the department store by people hurriedly stuffing their shopping baskets with all things Christmassy; frantically spending as if there were no tomorrow. Well, maybe there is no tomorrow, I am not privileged to know; but let's assume there is a tomorrow, and lots more, and then it's Christmas Day.

Spending can be contagious. Can be? It is! People go silly in the run up to Christmas. The sad thing is, many of those who do go silly cannot afford it; the shopping binge becomes a credit binge, which leads to a miserable New Year. The department store is like a magnet for this seasonal silliness; whether you are from the North Pole or South Pole, or anywhere in between, the magnetic attraction is there.

One thing you can be sure of is that department stores will be doing all they can to grab your cash in the next few months, whether you have any or not. You have no savings, no cash to spare? Then the department store credit card will be brandished temptingly in every nook and cranny of the store. With all the dazzle, the sparkle, and frenetic buying of a glitzy Christmas going on around you, those easy department store credit cards could be like an oasis in the desert. Money, money, money to spend, spend and spend.

Tempted? Department store credit cards do have their place, but not necessarily in your wallet. Interest rates can be high, so watch out for that if you feel yourself being sucked into their trap. But they're offering interest free credit, I hear you shout? But for how long? Ever? I doubt it. Can you really afford to pay back within the free credit period? There could be a sting in the tail of that credit card from your local department store. So check the offers properly, and the fine print before you sign.

About the author:
This department store credit card article was written by Roy Thomsitt, owner author of http://www.eliminate-credit-card-debt-now.com- Roy is also responsible for the Christmas Gift site http://www.gifts-for-xmas.com

Circulated by Article Emporium

http://www.universalwealthcreation.com Wealth Creation | Financial Wealth

Copying or republishing this article is permitted with this footer included

Collect a Free 260 page ebook here: Universal Wealth Earn up to $1,000 per referral: Wealth Creation Affiliate

These property, finance, stock market & business articles have been supplied in the interest of Universal Wealth Creations visitors who want to expand their knowledge in the wealth creation & investment fields. All the business, finance, stock market & business articles have not been read as they are submitted remotely, so if you find any questionable facts in here or simply do not like it, please email webmaster@universalwealthcreation.com and we will review the material. As we find time to do so, we will go through all articles and remove any that appear not suitable. Other sites we recommend here at Universal Wealth Creation are: 21st Century Academy with Jamie McIntyre, Investor Finance, Universal Trading Solutions which promotes great wealth creators like: Kim Reilly, Simon Martin, Justin Beeton, Louise Bedford, John Kaye, Daniel Kertcher & more. They run great seminars across the country. At times we will publish dates for these seminars as they are made available around the counrty. Meanwhile, there is a great opportunity to learn about the finance, stock market & property investment field through reading these kind of articles. Learn about share trading, options, futures, CFD's, derivatives, warrants, indices & more in the stock market. You will also learn plenty about business, finance & property investing through authors opinions in the marketplace. Enjoy your journey towards financial freedom. We hope you will enjoy your visit.

Regards Sean Rasmussen - Universal Wealth Creation Pty Ltd

Site Map

Return to Index
Return To Universal Wealth Creation Home Page

Business & Finance articles