Around this time of year, many people may be contemplating resolutions for the new year, including common ones like quitting smoking or losing weight.

However, given the recent problems some consumers have had with debt management and budgeting, other people may take a different approach this year by sticking to financially-related promises for 2010. Recently, the CEOs from member organizations in the National Foundation for Credit Counseling gave their own suggestions as to what people should resolve to do in the coming year.

Coming in at the very top of the list of suggestions from the executives was saving money, a practice that can help consumers if they find themselves with emergency expenses or suddenly without a job.

“Americans might ask themselves how they paid for their last emergency. If it was with a credit card, that?s a red flag,” the NFCC report said. Read more…

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2010 Financial Predictions 10. Your spending 9. Your credit card 8. Your debit card 7. Your rewards 6. Your phone 5. Your paycheck 4. Your home 3. Your mail 2. Your ID YOUR KIDS

How will young adults obtain credit in the new financial landscape?

The Credit CARD Act and its crackdown on campus card promotions will likely have a chilling effect.

“Young adults have never really been the focus of direct marketing activity, and now with more restrictions in place, there could be fewer offerings for this particular demographic,” says Andrew Davidson of Mintel Comperemedia.

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Balance transfer credit cards are credit cards that transfer the balance from one card to another card. Cardholders often search for these types of credit cards to eliminate or reduce finance charges and save money. Balance transfer credit cards are like any other credit cards, therefore looking at the variety of features will help you make the best choice.

Balance Transfer Credit Cards,Best Balance Transfer Credit Cards,Balance Transfers

Credit card features are composed of the APR (annual percentage rates), balance transfer fees, interest rates, late fees, and so forth. The APR is a primary feature to reflect on while searching for balance transfer cards. Credit card companies are competitors; therefore, the companies will strive to offer special deals on credit cards. Some of the deals include 0% introductory rates and low interest rates, particularly for balance transfers. In your search for the best balance transfer credit cards, be sure to take maximize the advantage of the offer by using the card strictly for balance transfers.

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