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How Long It Really Takes To Pay Off Your Bad Credit Card Debt

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It sucks, doesn’t it? Having to wake up every morning wondering whether today is the day you have to sell your car, home, or other precious belongings in order to pay off a credit card debt. Yes, overdue debts can be stressful, emotionally overwhelming, and bad for your credit score. The truth is that no one loves being in debt, but millions of Americans still find themselves in it anyway. What goes wrong?

How Does Credit Card Debt Build Up So Fast?

Well, we can all agree that credit cards can beas addictive as heroin (most addictive substance on the planet). That’s because, with credit cards, financial worries become a thing of the past – but only temporarily. All you have have to do is swipe the card and that dress, suit, TV set, car, or jewelryyou’ve been eyeing for long becomes yours.

During such times, as we swipe the card here and there, we always say: “this is the last lavish item I’m buying” or “I’ll make enough money to pay the credit card company back” or, even funnier, “if I don’t buy this/enjoy life today, when will I get the chance to do it again? – YOLO, right?  

Basically, it very easy to get sucked into the world of lavish spending; forgetting that with each card swipe, we fall deeper and deeper into debt. So, what happens when it’s time to pay up?

Are You Struggling To Pay Off a Bad Credit Card Debt?

If you are one of those unfortunate to have fallen prey to this predicament, don’t fret; there’s always a way out, but it’s never easy. Just like drug abuse rehabilitation, getting out of debt can be physically and emotionally grueling. And it takes a lot of commitment, discipline, and planning in order to get clear of it.

The time it takes to pay off your debt is often highly dependent on how you go about it. For example, if make the minimum payment each period, then you are going to take longer and spend more to clear your debt. On the other hand, if you paid larger installments each time, you’d take a shorter time to repay the debt and also the interest rate would be lower. It’s that straightforward.

But before we get into what you should do, here are a few things you should NOT do when trying to repay a bad credit card debt.

 The 5 Commandments of Repaying Financial Debts

1. Do not keep to your spending habits – they are the reason why you are where you are right now.

2. Do not buy what you want – there’s a difference between WANTS and NEEDS. Stick to what you need – at least until you clear your debts.

3. Do not apply for another credit card– …even if your credit score is still intact. You cannot fix a broken leg by jumping off the same tree again. Get it?

4. Don’t stop saving (or start if you haven’t begun) – Financial emergencies are sometimes the reasons why people get into debt. Having an emergency fund in place ensures that you don’t have to get more loans (debts) when you need cash urgently.

5. Do not ignore your debt repayment obligation – Failure to pay credit card debts often sets off a chain reaction that always ends in a courtroom. This means looking for cash to hire your legal representative which may toss you deeper into your financial problems.

With that in mind, the next thing you need to consider is how you are going to get out of your debt problem. As mentioned above, your approach will greatly affect the cost and time needed to pay off your debt. Below are a few practices that can help you to quickly and easily clear what you owe your credit card issuers.  

Useful Bad Credit Card Debt Repayment Tips

* Evaluate Your Financial Status

The first step is to determine where you are – financially. This means finding out how much money is coming in (income), how much money is going out (expenditures), and how much debt you owe. Once you have these figures the next tips will be easy to execute.

* Tighten Your Budget

Obviously, if you want to pay off your credit card debts fast, you will need to free up cash. And slimming your monthly budget is always the best place to start. Try to strip your budget down to bare essentials; items that you cannot live without – like food, shelter, utilities and so on.

* Increase Your Income

Getting extra income is also a great way to ease your financial burden. It will also help you to quickly and comfortably make repayments to your credit card debts. You can get extra income by asking for a raise, finding a second job, opening up a business, freelancing, and so on.

* Prioritize Your Debt

It is a fact that priorities can greatly affect your debt repayment process. If you fail to prioritize your debts then you’ll probably end up procrastinating or failing to commit to your repayment obligations. Therefore, make it a priority; live it, dream it, speak it until you are finally debt-free.

* Get Assistance (If Need Be)

Sometimes, debts can be overwhelming. Too many credit card debts – with different interest rates – can make it pretty hard for you to plan and prioritize your repayments. Trying to repay all your debts at the same time is not practical or wise. Most financial experts advise people to tackle one debt at a time. But there are many other ways to go around this dilemma including Debt Consolidation USA.

Debt Consolidation involves merging all your debts into one debt. This not only reduces the burden and inconveniences of repaying multiple debts at once but also ensures you get to pay at a better and specific interest rate. There are so many reasons why you should consider Debt Consolidation. If you combine it with the tips mentioned above and a little bit of discipline, you may be well on your way to becoming a happy and debt-free citizen.

 

Good luck!

Events

Jackie Siegel’s New Premium Brand, Queen Of Versailles Coffee Is A Luxurious Coffee Delight

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Jackie Siegel, American heiress and businesswoman AJ Catsimatidis, Prince Mario-Max Schaumburg-Lippe and brand partner Michael Glovaski

I was invited to an intimate tasting of a fabulous new premium brand coffee co-hosted alongside Queen of Versailles Coffee’s Brand Partner, Michael Glovaski. I headed to 8 East 48th Street to Benny John’s where socialite, actress, model and philanthropist turned entrepreneur, Jackie Siegel — AKA, ‘The Real Queen of Versailles’ brought her new venture Queen of Versailles Coffee to New York’s influencers.

Jackie Siegel

The ground coffee and espresso beans are picked, sorted, and specially blended on-site in the volcanic mountaintops in Acatenango, Guatemala. The flavor has a rich taste of sweet honey, warm vanilla, and smooth bourbon notes. It was truly the best coffee I have ever tasted.

American heiress and businesswoman AJ Catsimatidis, Prince Mario-Max Schaumburg-Lippe, and Suzanna Bowling

Adam Weiss and Angela Gorman

On site was also American heiress and businesswoman AJ Catsimatidis, Prince Mario-Max Schaumburg-Lippe, the writer of the new musical Queen of Versailles Lindsey Ferrentino, Gordon Winston, Italian restaurateur and master coffee blender Matteo and Pilar.

Jackie Siegel and Gordon Winston

Jackie Siegel, American heiress and businesswoman AJ Catsimatidis, Prince Mario-Max Schaumburg-Lippe

Siegel, alongside Miami-based Glovaski and the Italian-Guatemalan Droccos, are introducing an unmatched level of luxury to the coffee industry. Catering to the modern connoisseur, the brand provides not just a superior coffee experience, but an escape into the world of supreme elegance with every canister.

The event was well done, serving treats but most of all, a taste of this exquisite coffee, that you will be addicted to once you taste it.

Available at https://qvcoffee.com/

#jackiesiegel/ #qvcoffee/ # queenofVersaillescoffee

 

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Art

Bonnie Comley, ART TO WARE and ChaShaMa Present Nothing to Wear

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Until April 30th Bonnie Comley, ART TO WARE and ChaShaMa Present Nothing to Wear in Port Authority’s 41st Street building.

Bonnie Comley and Anita Durst

Bonnie is a three-time Tony Award-winning producer. She has, also, won an Olivier Award and two Drama Desk Awards for her stage productions. She is on the Board President of The Drama League as well as a full member of The Broadway League and the Audience Engagement and Education Committee.

Nothing to Wear

Comley has produced over 40 films, winning five Telly Awards and one W3 Award. She is the founder and CEO of BroadwayHD, the world’s premier online streaming platform delivering over 300 premium live productions to theatre fans globally. Now she is an artist presenting her work at ART TO WARE (A2W) a wearable Art Gallery that curates up-cycled, hand-made, one-of-a-kind statement pieces to be seen, loved and taken home!

Bonnie Comley and Lelie Ware

Founded in 2021 by Lesley Ware, this Black-owned and women-run small business carries small-batch, socially conscious, up-cycled, and locally-made wearables and gifts. A2W curates an environment of creativity, acceptance, and collaboration within a dynamic retail setting that showcases the work of artists, designers, and creative visionaries.

Making this all happen is ChaShaMa and Anita Durst who helps create a more diverse, equitable, and inclusive world by partnering with property owners to transform unused real estate. Currently, they present 150 events a year, have workspace for 120 artists, and have developed 80 workshops in under served communities. They award 11 million worth of real estate to artists, subsidizes 300 artist work spaces, provide over 215 free art classes, gives 200 artists free space to present and upport over 75 businesses with free space.

Nothing to Wear is a provocative look at our relationship with our clothing choices as it pertains to our self image, fast fashion and textile waste. It challenges the fashion industry to create an alternative to current business models and the global appetite for consumption and asks viewers to question dress codes like the current policing of women in political office.

Jose Febrillet from Port Authority

 

 

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Food and Drink

Spring Petals and Hairy Crab: Kintsugi Aligns with a Golden Touch

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Tucked away in a slate-colored corner of otherwise colorful SoHo, Kintsugi stands in contained eloquence as a testament to the exquisite fusion of traditional Japanese cuisine and modern culinary artistry. Named after the ancient Japanese art of repairing broken pottery with gold, Kintsugi embraces imperfections, celebrating the beauty of resilience and transformation in post-pandemic NYC.

At Kintsugi, guests are treated to an omakase experience unlike any other, where every dish tells a story of meticulous craftsmanship and innovative flavor pairings. The menu, curated by Executive Chef Victor Chen (formerly of New York Sushi Ko), offers three tiers of premium omakase, each highlighting seasonal ingredients and Chef Victor’s imaginative creations.

The dining experience began with the house signature cocktail, made with sake, yuzu, and violet syrup—a whimsical nod to the restaurant’s otherwise classic Japanese ambiance. The upbeat jazz music playing in the background added a lively contrast to Chef Victor’s quiet focus, creating a dynamic and engaging atmosphere.

The exciting spring menu babied us with glow-in-the-dark Firefly Squid as well as eels so delicate one would think they’re about to enjoy a bowl of glass noodles. A hairy crab peered at us over one course, sheltering a tangy salad made from its tender meat. Such creatures are common fare on the spring tides of the large Japanese coastline, chef informed us. An array of seasonal sea urchin species always brings a knowledgable crowd to Kintsugi, so book early for that summer treat.

While the atmosphere became increasingly lively as the evening unfolded and the guests got to know each other and the staff, the omakase culture at Kintsugi is one of careful curation and attention to detail. Guests can expect to pay a deposit and be patient, as Chef Victor and his team are focused and diligent in providing a truly exceptional dining experience. From bespoke sushi tailored to individual tastes to over 40 pieces of expertly crafted nigiri, every dish at Kintsugi is a work of art.

As you embark on your culinary journey at Kintsugi, be prepared to be transported to a world where every bite tells a story of tradition, innovation, and the beauty of impermanence. The latter of which is precisely what Chef Victor loves about sushi. “All of that work and it all goes into one bite” he says quietly as he gently sears a fat slice of sable fish. “Perhaps it is chewed a few more times, rolled around and savored for that moment and then its forever gone.”

In artful consideration of framing, each course is presented on dinner ware in collaboration with EM Ceramics and Spark Bird Studio who created an exclusive line of handcrafted, gold-fused dinner ware for Kintsugi. Experience for yourself the zen magic of this divine space and discover why, as host Klaus puts it, “everyone needs some Kintsugi after Covid.”

Kintsugi recently launched The Lunch Rush Omakase, a 12- course one- hour experience for $60. It is served on Friday, Saturday and Sunday, from12–3 p.m. Also available is an optional seasonal beverage pairing (3) for $35 per person.

Kintsugi Omakase

28 Grand Street New York, NY www.kintsuginyc.com 646-983-4616
@kintsuginyc

Hours of operation:
Lunch: Friday, Saturday and Sunday 12–3 p.m. Dinner: Monday-Sunday 5–11 p.m.
Closed on Wednesdays

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Food and Drink

Dream Tea NYC Dazzles with Delicious Sips

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Calling all tea lovers!

Anney Norton has created a fabulous brand that is both delicious and a user-friendly way to create their  blend. Welcome to the wonderful world of Dream Tea NYC.

She has elegantly found a way to craft your own blend of tea from the highest quality organic ingredients. Each canister delivered to your door is full of flavor that is uniquely curated to your heart’s desire. From chamomile with whisps of apples, honey to responsibly sourced rose and lavender, there are hundreds of premium ingredients from dozens of quality sources to take the dreamer on an epic journey to discover amazing tea.

Custom tea blends are sent to your door. What is delivered to your doorstep is magical. Simply take their blend quiz by share a little bit about yourself and your flavor preferences. They then create the perfect custom blend for you.

It’s not just the special blend that will rock your world. The cutest and perfectly paired accessories help further produce a sophisticated culinary experience.

The Dreamy Tea Scoop is the perfect addition to your tea set. Using natural, non-toxic, food-grade steel, this brushed gold scoop is a safe and effective way to get the perfect amount of tea for every personal serving. In addition, Starry Sachet Bags are the only tea sachets using natural, non-toxic cotton fibers to help make a safe and effective way to brew the perfect cup.

Here is to creating your perfect sip today. For more information, please visit here.

 

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Events

FAO Schwarz Launches Teddy Bear for enCourage Kids Fundraising

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This is the cuddly gift that keeps giving.

FAO’s flagship store in the heart of New York City has launched the sale of a new look on Teddy with an enCourage Kids’ partnership. The high-quality plush toy is for the Send a Smile, Send a Bear program. Right now, Teddy is on sale at 30 Rockefeller Plaza.

Teddy will soon be able to help even more pediatric patients navigate the stress of treatment, illness, and hospitalization. The program also delivers stuffed animal bears to hospital partners nationwide to help pediatric patients navigate the stress of treatment, illness, and hospitalization.

FAO’s motto is to be a source of wonder for each new generation, along with being a relentless supporter of quality and innovation in the life of every child. enCourage Kids envision a world where every child experience joy, hope and emotional healing along their medical journey. Together, we look forward to providing each child with this Bear, the ultimate symbol of hope, strength and courage.

Since 1985, enCourage Kids Foundation has helped humanize healthcare for children and their families by resourcing impact-driven pediatric programs and supporting the child life community. Serving more than one million children annually, enCourage Kids is focused on making hospitals a better place to get better.

 

Photos by Mychal Watts

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