Answer #3 – Best Daily Life Advice: Money, Credit Card Management & Living Within Your Financial Means

 

Financial Credit Card Management - Best Daily Money Life AdviceHello Carmen from Flint, MI:

Proper money and credit management and living within your financial means are vital to living a healthy and successful life. Choosing which bank or financial institution is best for your personal or business credit card needs is a choice you have to make on your own. It sounds like you are doing your due diligence research. I recommend a trusted local bank or credit union with outstanding customer service.  Stick to the evidence and facts and you will be well on your way to successfully building your credit score.

As for choosing a secured credit card, I would actually recommend starting by putting the $500 in a certificate of deposit (C.D.) and then opening a credit line on the back-side of that C.D. This way, you get the advantage of acquiring the credit card you want while lowering your risk for the long-term. If you came upon hard times and the worst case of you being unable to pay off the card were to happen, you technically would have already paid the credit card off. You will simply forfeit the initial certificate of deposit of $500.

However, assuming all goes well and you are successful at credit card management and building your credit score, you can continue to manually raise your credit limit by opening a new C.D. for another $500, or more. This way, you already have the money put aside to pay off the card if hard times were to hit. And if tough times did hit and your credit card management skills proved worthy, you could even ask the bank to temporarily raise your credit limit without opening a new certificate of deposit. This gives you another solid option and further buying power as you build your credit score.

Credit Cards – Perks, Interest Rates & Management

 

There are many credit card rewards and perks options out there. I would choose the rewards/perks that will fit your life best. But you may be limited in your choices at the beginning until you build your credit score enough. With the world as it is, coronavirus (COVID-19) and all, a cash-back rewards option may be best.

As for the interest rate, obviously look for the lowest rate you can get. Unfortunately, with an initial secured credit card, you will most likely have to deal with a very high-interest rate. You can successfully circumvent paying that high-interest rate by always paying off the card balance on-time every month, which is actually a key aspect of truly living within your means.

Finally, if possible, I highly recommend placing another $500 in a reserve savings account that you only use in an emergency. If hard times do come, you have a backup to pay off the card. Each time you manually increase your credit card limit via C.D., add the same amount to the reserve savings account.

Please comment below if you have any further questions.

Sincerely, Gnosis

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    Answer #2 – Best Daily Life Advice: Living A Healthy Life Proactively

    Best Daily Life Advice - Living A Healthy Life

    Hello Jane from Massachusetts:

    Living a healthy life proactively starts with the human body’s immune system. The coronavirus pandemic is definitely a serious concern, especially for people with weakened immune systems, which is more likely in the very young and the elderly. Keeping the immune system healthy and strong is a main factor. Living a healthy life starts with keeping the gut bacteria happy.

    Living a proactive, healthy life depends on a balanced, healthy gut bacteria biome, which begins with one’s diet and is strengthened by ingesting good bacteria. Good bacteria are found in fermented foods like kombucha, kefir, natto, tempeh, miso, fermented vegetables (kimchi, sauerkraut, etc.), yogurt, and the like. Maintaining a healthy weight and proper balance of muscle mass and fat is vital, and body type plays a key role in one’s ability to manage their posture as well as weight loss and gain to control things like obesity. A balanced nutritional diet overall, which involves mostly clean, sustainable fruits and vegetables that are well-mixed with healthy meats like chicken and fish, even some red meat on occasion, is key.

    Of course, along with a clean diet, a solid, consistent exercise routine that is a symbiotic blend of cardio and resistance training (weightlifting and isometrics) is a main part of the equation to successfully living a healthy life proactively to keep the human body balanced and healthy. But, as already mentioned, body type matters. As does lifestyle. Too much alcohol, low quality, low nutrition processed and fast food, nicotine, cannabis, drugs, late nights out with inadequate amounts of sleep (7.5 to 9 or so hours is recommended), and such only compound unhealth, especially in the long-term.

    Let me know if you have any further questions.

    Sincerely, Gnosis

    See Full Question & Answer: Insights from Gnosis: How to Live/Living A Healthy Life, Proactively – Questions & Answers #2


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      Answer #1 – Best Daily Life Advice: Evidence Souls are Real

      Best Daily Life Advice: Answers - Evidence Souls are Real

      Hello Anonymous from Austin:

      Great question, is there evidence souls are real? Yes, there is a lot of evidence that souls are real, and as modern science continues to advance and develop technology, more evidence will emerge.

      Unfortunately, too many people out there have closed minds and think that somehow magically not knowing something, like whether souls are real or not, that not having and/or knowing about evidence, not having and/or knowing about proof, that this somehow means that science, really we humans, know everything about it, whatever it is, and that indeed it is not real and does not exist.

      But that is simply not how science works. Science does not magically know something is not real or does not exist just because evidence or proof is lacking. We know less than 10% of what is in our oceans. Does that mean that the oceans and what are in them are not real, that they do not exist? We know less than 5% of what is under the sands in Egypt. Does that mean that there is nothing there (see satellite footage of the theft/looting during the Arab Spring – why so much digging/looting if there is nothing there of any importance)? We spend billions of dollars a year to cure cancer and for all the efforts made, we still do not really understand cancer as a whole, let alone have a cure. Does that mean that cancer really does not exist? We humans do not truly know our real history, back 100, 500, 1,000, 10,000, even 100,000 years or more. Does that mean history did not happen? In truth, we know so very little about anything at all, we have so very little evidence of most things, as our current science is so young and immature, all things relative. So, if we use your friend’s logic, very little is real or exists.

      If it were true that souls are not real, then there would be evidence proving that the soul is not real. Your friend sounds too arrogant and ignorant (your words) to behave like a true scientist and research things more in-depth, but here is a list of current evidence that souls are indeed real, including nearly 50 years of research at the University of Virginia School of Medicine’s Division of Perceptual Studies.

      Let me know if you have any further questions.

      Sincerely, Gnosis

      See Full Question & Answer: Insights from Gnosis: Evidence Souls are Real – Questions & Answers #1


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