Sample Persuasive Speech

Persuasive speech outline purpose: To persuade my audience to donate blood through the American Red Cross. Introduction:

Credit cards can ruin any financial situation if used improperly. Let’s look at what our two financial authorities think about them. Dave Ramsey is completely against the idea of using credit cards. Being a devout Christian, he often finds his ways of financial teaching through The Bible. Proverbs 22:7 states “The rich rule over the poor, and the borrower is slave to the lender.” You are charged a premium for using a credit card in the form of interest. While you can pay off credit before the interest is charged, Dave insists that many people do not pay if off in time. It is better to get rid of the enticement altogether than to play with the idea of using a

James D Scurlock’s “Maxed Out” focused on the revolving use of credit cards to charge now and pay later and the fact that once the credit card was maxed out another one was sent from the credit card companies and the whole process begins all over again. Scurlock’s essay made the reader aware of the downfalls and hardships that can occur when credit cards are constantly used for purchases compared to Kevin O’Donnell’s “Why Won’t Anyone give Me a Credit Card”.

Richard Fairbank and Nigel Morris, both diligent entrepreneurs, started laying the bricks for their eventual successful company, Capital One, in the late 1980’s. They both worked in the Virginia-based “Signet Bank”. Fairbank started noticing trends in the financial industry that he felt Signet was missing out on. These opportunities were in the credit card industry. He, as well as all of Signet Bank knew that the credit card industry was very risky, but Fairbank was ready to take a chance in this, what can be, highly profitable field.

Not only for those seeking to retire, the business motivated economy has transfigured how one must live in order to live comfortably. Building credit through credit cards is often perceived to be the only way in order for a buyer to appear credible. Yet in the quest for the optimal credit score people enter into debt. Considering and evaluating the risks and benefits to credit cards may contribute to opinions towards those flimsy pieces of plastic.

In “How to Take Control of Your Credit Cards”, CNBC host and bestselling author Suze Orman provides her professional opinion on how the we can take responsibility and eliminate credit card debt. With Orman’s advice and a little discipline all debts, either by choice or circumstance, can be cleared up in as little as just a few months. To start taking control of your debts you must learn to bring your interest rates down, protect those new low rates, and possibly seek help extra help through a credit counselor.

Evaluation: This article, posted on April 1, 2016, was originally published on TheConversation.com. Throughout the article, the author cites sources that come from 2012-2017, with the majority of them coming from 2015-2016. Moreover, these cited websites are credible, well-known, and have information that can be corroborated with other sources. Some of these sites included The Wall Street Journal, the New York Times, and a report from the Federal Reserve. Moving on, the author, Mechele Dickerson, is an expert on this topic. Dickerson received both her B.A. and J.D. from Harvard University and currently works as a professor of law at the University of Texas at Austin. Here, she teaches classes on consumer law, debt and spending to law and undergraduate students. In her current research, she explores causes and consequences of consumer debt and how the culture

Iowa is nourished with some of the most beautiful scenic views in the United States. From the vast spread of expanse of prairie lands and woodlands, to the scenic rivers and lakes, we have some of the most unappreciative environment known to date. Nevertheless, these wonderful beauties and opportunities may sound indulging, they do come with the many unique challenges. I will be focusing on a small city called Cedar Rapids, Iowa. In the next few pages I will lay out a platform which will allow you to analyze the strengths and weakness, along with the city’s

Because of the Fair Credit Billing Act, individuals have more purchase protection using a credit card than with cash or a debit card (Williams, n.d.). Importance of this protection occurs when there are reasons to dispute charges such as when merchandise is not received, identity theft has occurred, or items are not charged correctly (Williams, n.d.). In addition, credit cards are invaluable in emergency situations from vehicle repairs to health issues (Williams, n.d.).

Credit cards are important financial instruments and they are often employed these days to fulfill the needs of financing important needs and requirements. People often use credit cards to buy necessary items as well as achieving access to luxurious ones that they cannot afford with their current savings. There are many things about credit cards that you may not have been aware of. Here, we inform you about the six things that you did not know about credit cards.

On a periodic basis, the Federal reserve releases key statistics related to credit card debt in America. With almost 2,000,000,000 credit cards in use while in the hands of almost 200,000,000 individual credit card holders, there is no denying the popularity of these little pieces of plastic. Through May of 2015, Americans were responsible for $901 billion in credit

Paying credit card bills does not put food on your table, keep a roof over your head or provide you with transportation. What happens if you choose not to pay your credit card bills? The current economic situation has caused financial hardships for many. Unemployment and layoffs are increasing every day in our country. Easy credit has lead to the collapsing financial industry. Some families are facing decisions of which bills to pay. They simply do not have the finances available to pay all of their bills.

companies assertively targets college students because they are expected to have a higher than average power for earning, which make them a perfect targeted market. Credit card companies use gift tactics by offering the latest iPod, an exotic vacation, a computer, frequent flyer miles or an initial low to zero percent interest rate and even cash to entice college students to apply for credit cards. In fact, many students only get a credit card initially because of these incentives, but soon become accustomed to the convenience of just pulling out a card to pay for purchase due to want and not because of need. As Kamenetz (2006) stated, “Students are living in the present at the expense of their future” (p.13) (Gresnick, 2006).

For example, using a leftover coffee can for loose nails or screws, or even washing and reusing a plastic zip-loc bag instead of throwing it in the garbage. Thrift shopping is a way of reusing someone else’s unwanted goods. As I spoke about in an earlier speech about thrifting, I included many locations and ways to thrift, also the benefits to the shopper and the donator. One place in particular was shopping at the local boys and girls club. I personally shop there, keeping my eyes open for a good deal. For example, the pair of jeans that I am wearing today was purchased from this store just a few months ago. I paid only $8.00 for this pair of Lucky Jeans and according to buckle.com, a retailer for lucky jeans the retail price is $99.00 that is a savings to me of $91.00.I am not the type to worry about name brands, but quality usually does cost more. If I can get a quality pair of jeans at a fraction on the price, I am glad to shop at the thrift store. I am thankful to the person that made the donation of the lucky jeans and they can benefit from that donation. According to the IRS webpage, IRS. Gov it explains that an individual can donate items like clothing, household furniture and furnishings, a car or boat, even taxidermy. The donations are appraised, by the donator, and recorded. At the time of filing taxes if the donation equals at least $500 for the year, the donator may take advantage of the

Credit card companies prey on naïve students to maximize their own profit. According to the documentary Maxed Out (2006), credit card companies prey on uneducated adults who more than likely not pay their bill on time. This guarantees them max profit whether it is paid by consumer or companies that buy debt.