You set up automatic payment from your checking account to the credit card account for double the minimum payment on your card for a typical month’s spending, or $50, whichever is more. (If you normally spend $500 in a month, the minimum payment is $10. double that is $20. In practice, I just send in $50. That way, I know that as long as I spend less than $2500 ($50 is 2% of $2500) , there’s no way I can possibly get penalized for late payment, even if I flake out and stop paying my bills for six months. That’s becuase as my bank always sends in the $50 on time, even if I forget to pay the rest.

Then, I use google calendar to send me a reminder for the credit card on the day that the billing cycle ends. It says “WAMU billing cycle ends 24th of month; payment due 17th of next month. ”

I pay all my credit cards two days to a week after the billing cycle ends. No waiting for the week before the due date–pay it as soon as they bill me. And this way, I know that the $50 goes out 2 days after the billing cycle ends, and there’s no way after that for me to be “late” and penalized.

Try It! You’ll like it!

It’s more like “If you were so fabulous with math, you wouldn’t be in debt in the first place, so let’s try this my way.”

Yes. Saved for 4 years.

Yes, but only 2 years of college. Grants and scholarships, and the balance in cash.

No. I never borrow money.

I love the way the Money Merge Account keeps me frugal and the way I can see how my spending affects my life and future. At least I can see it all now and make my decision of what I want to do — instead of living with blinders on.

Sure people can do it on their own, but why would you when you can have a GPS system in your face helping you. Oh that’s what a Financial Planner is supposed to do. I thought a Financial Planner is supposed to send birthday cards.

Besides, the country wouldn’t be in this mess today if most people had discipline.

I’m not a huge spender, but I was never a big saver. When I had extra money I spent it –which is bad too as spending tons of money in my opinion. Now, I know where I’m going and what I am doing thanks to the MMA.

THE FUNNIEST THING OF ALL IS I DON’T REMEMBER SEEING ANY NEGATIVITY ONLINE about a person who actually has the Money Merge Account!

BEFORE YOU TALK DOWN ABOUT THE MMA — YOU SHOULD HAVE IT FIRST YOURSELF — OR AT LEAST LOOK AT THE ACTUAL SOFTWARE THAT BELONGS TO SOMEONE SO YOU CAN SEE IT IN ACTION.

Months ago I heard that over 33,000 were sold, so now it may be over 50,000. Have you ever heard of a company with that many sales that didn’t have some negativity from their clients? So maybe I will wait, may be a long one. Even great companies have negativity though…maybe it will happen eventually.

I understand United First Financial won the Entrepreneur of the Year Award this year by Ernst & Young, not an easy feat. That alone says how reputable they are. Not just anyone gets that award.

For those of you who may not know, Ernst & Young is one of the world’s leading professional services organizations.

Jenn

Before I even receive the money, I make out a budget, and take out my savings ahead of time.

Don’t have much money in my savings yet, but it’s getting there.