Credit card used to get a bad rap years ago, giving the impression that you don’t actually have the money to make the purchases if using a credit card.  The truth is, credit cards can actually be financially smart to use, and as long as you are using responsibly, can actually provide many benefits, such as a grace period of paying back, protection against fraud, and not to … [Read more...]

When it comes to freeing up extra money each month, unless you are trying your hand at class action rebates to earn extra money, otherwise it’s your money expenses that need to improve.  Getting the best interest rates on the market will greatly lower monthly payments on mortgages, loans, and credit card interest that you’re paying towards when trying to pay off the balance.  … [Read more...]

Having credit card debt is scary, as you suddenly get that feeling of panic, wondering how you are going to pay off the balance.  The problem is, the higher the balance that your carryover each month, the more interest is charged, and little of the principal balance will be chipped away and more will go towards interest, making larger payments more and more necessary if you … [Read more...]

Growing up I was always under the impression that credit cards were bad, like you didn’t have the money to make the purchase so you put it on a credit card.  While that may be true for others, that is not a reason to abolish credit cards all together.  Sure, it does take discipline to make sure you don’t go on a spending spree, let alone paying the full statement balance by the … [Read more...]

With the amount of companies that are being hacked with our information leaking out, let alone getting our own information compromised with skimming at the gas pump or snapping a picture of the card while it’s out, you have to be careful these days.  The major credit bureaus offer a free copy of your credit card once a year that you can review for accuracies.  By at least … [Read more...]