Get Rid of Your Credit Card Debt

ming-leeIt’s common practice these days to accumulate credit card debt. In fact, it has become so common that many movies and television shows portray the practice frequently. The good news is that you can take care of the credit card debt that you have accumulated by excessive spending and not making payments, despite the high interest rate.

Many people believe the best way to take care of the impending doom is by consolidation 0f the debt to another card with a lower interest rate. That’s a good idea and maybe a short-term fix, but it’s not a long-term solution.

Some even believe that using a 0% APR credit card (even though it is just a promotional and limited time offer) can save you from high interest rates. However, the problem isn’t the interest rate as much as it is spending a hundred dollars and paying just a buck.

Even with low interest rates, spending a lot and paying the minimum on your credit card payments can accumulate debts in a spectacular fashion. It grows exponentially, and you’ll understand why and how if you recall the math exercise you did on compound interest back in high school.

What happens is that when you owe someone an amount and there’s an interest rate involved, the interest rate isn’t applicable on the original amount but on the amount that accumulated after adding the previous interest. In simpler words, if you had to pay 10% interest on $100 for one month, in the second month, you’ll have to pay 10% on $110 and not $100. It’s really simple, and you can ask an 8th grader to explain compound interest to you.

debtNow let’s get to how you can get rid of the credit card debt. This is even trickier if you have more than one credit card to make payments on. You can try the debt avalanche or debt snowball method to get rid of the whole debt situation.

Debt avalanche is all about paying off the debts one by one, but you start a debt-avalanche with the debt that has the highest interest rate. This way you pay as minimum interest as possible. It’s very convenient, but don’t forget that you’ll have to pay minimum payments on all the other credit cards unless you want to file for bankruptcy.

debtreliefDebt snowball is when you attack your credit card debts one by one, but you start with the debt with the smallest principal amount. It means that if you have a $100 debt and a $1000 debt, you pay off the $100 first and then focus on the bigger one. The simple logic behind this is that you’ll be able to pay off smaller debts much faster.

Look, it’s very simple. Paying off your credit card debt is all about cutting your expenses, saving up some extra money every month, and directing that money towards your credit card payments. Any way you choose to attack the debt is fine; what matters more is that you have to be committed to getting rid of the debt.

How to protect your hearing

ming-leeIn today’s noise-polluted world, there are many chances for anyone to suffer from hearing loss. Experiencing hearing loss can take any of us by surprise. To prevent such situations, it is crucial to protect your hearing. Following are some tips and techniques that you can follow to protect against tinnitus and even improve your hearing.

Physical exercise is one of the main ways to protect your hearing. Cardio exercise (walking, jogging, and cycling) keeps the blood pumping in the body, which results in an improved flow of blood to the ears. Furthermore, you must wear a helmet while cycling because if you fall, a head injury is likely to affect your hearing in an adverse manner.

You should take a few breaks if you are surrounded by constant noise. For example, if you work in a noisy environment, make sure you step out for five to ten minutes every hour to give your ears some rest. You should follow a similar procedure if you are going to a dance club or a sports stadium.

snoring-tinnitusYou must block out unnecessary noise. Ear plugs not only drown out snoring noises when you are trying to sleep but also protect your ears from loud, damaging machinery noises (such as drill machines or lawn mowers). Comfortable and soothing ear plugs are available at any medical store or website.

Listening to loud music through earphones can be another cause of severe hearing damage. The first step should be to switch to headphones instead since they provide a better quality of sound at a lower volume. A 60-60 rule can be followed in this case. 60% of the maximum volume should be listened to for a maximum of 60 minutes. When you are listening to music in a small space such as your car or bedroom, turn down the volume slightly.

If water flows into your ears, they can be easily damaged. Therefore, it is vital to keep your ears dry at all times. Extra dampness can cause bacteria to attack the ears, so you must always dry your ears properly with a towel after a shower or swim. Tilt your head towards both sides for the extra water to slip out. You must also be careful of public pools and showers as they have different bacteria that contaminate the water and can lead to many diseases.

hearing-tinnitusCleaning the ear wax in your ears is essential. If you feel extra wax in your ears, an ear wax removal kit can be used for a few days. The solution in the kit softens the ear wax and allows it to be removed.

You must be careful about the medicines you are taking as well. If they are ototoxic (dangerous to the ears), they should be avoided unless in emergency situations. Ototoxins include diuretic, chemotherapeutic, salicylate (including aspirins) and anti-inflammatory medicines. You must take medications as they have been directed by your general physician, and the doctor must be informed about all unusual symptoms.