7 Lies You’re Telling Yourself About Your Finances

Even if you don’t like to lie, you probably occasionally use the little white variety as a tool to protect other people when the truth would do more harm than good.

It becomes a serious problem when we make a habit of telling lies — especially when we lie to ourselves. But some of us do it all the time when it comes to our finances.

We tend to deceive ourselves when there’s a disconnect between where we really are with our finances and where we’d like to be. So we tell ourselves these common lies:

Lie No. 1: Your Debt Is Under Control

You don’t always just pay the minimum on your credit card. But if you’re being honest with yourself, those occasional chunk payments aren’t really bringing down your average balance.

Honestly, if you’re like most of us, you’re treading water.

And the truth is, your credit card company doesn’t really care. It’s just getting rich by ripping you off with high interest rates — some up to 36%. But a website called AmOne wants to help.

If you owe your credit card companies $50,000 or less, AmOne will match you with a low-interest loan you can use to pay off every single one of your balances.

The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates (AmOne rates start at 2.49% APR), you’ll get out of debt that much faster. Plus: No credit card payment this month.

You don’t need a perfect credit score to get a loan — and comparing your options won’t affect your score at all. Plus, AmOne keeps your information confidential and secure, which is probably why after 20 years in business, it still has an A+ rating with the Better Business Bureau.

It takes less than a minute and just 10 questions to see what loans you qualify for — you don’t even need to enter your Social Security number. You do need to give AmOne a real phone number in order to qualify, but don’t worry — they won’t spam you with phone calls.

Lie No. 2: You…

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