Frequently Asked Questions

Will the Financial Planner make me rich?
 We do not garantee that My Financial Planner will make you rich in anyway, it may however help you get to the financial security everyone is seeking. It was originally designed to help you plan out your years expenditures so that you can know where your money is going and ergo manage your personal finances in a better manner.

What do I do with my credit card?
The best thing to do with Credit Cards is to get rid of them. Take them out of your wallet/purse and keep them out. The strange thing about credit cards is that when and even after I thought I had mastered not using them for many months they seem to slip into my hands again and again and all of a sudden I was receiving credit card bills ... not good. That’s why I say store them somewhere away from you wallet and use them only for something you have previously decided like: trips abroad, the Internet ... limited amount and other limited and predisposed things and nothing else.

What do I do with my credit card debts?
One of the best way's to do this is to cut back or stop altogether using them, preferably right now. If that is not possible then set a plan with the help of the "My Financial Planner" ...  In worst case go to your bank and ask them to work with you to get the credit card debts out of the way by taking a short term loan. The thing is, when you have entered all data into the "My Financial Planner" you will have a much better view over your financial situation and therefor you can make better decisions on how high your monthly payment for this loan can be. Remember, if you are in debt, in most cases you did not get there in a short time. Therefor expect that it will take some time to get you out of it again. Another thing, when you are at the bank ask them to store your credit card for you. Preferably for a very long time!

How do I use the "My Financial Planner" to help me get rid of my credit card debts?
When you have entered all your expected payments into the Financial Planner and realized how much you can put aside to your buffer account you can start using it to eliminate the credit card debt. But remember patience, you could never ever eat an elephant in just one bite.

Do you really believe this can help me?
As you can see, if you take a look at the  "About Us" section on this web-site, that these are the fruits of our own experiences. To answer the question we say YES! We absolutely believe in what we are doing here and that the Financial Aid Kit can very well help you with your own financial situation.