For many, the credit card can strike fear into the eyes. Particularly for those uninformed. They’re those “evil things” that can accumulate debt and mean you have to live on the streets. Of course, that couldn’t be further from the truth if managed properly. In truth, they’re extremely handy things to have and will help […]
Travel can be expensive, especially for a college student on a budget. Check out this college student’s guide to travel hacking to learn how to cut the costs of travel.
We break down the steps and services that allow you to pay rent with a credit card so that you can earn points and get rewards.
We analyze the best secured credit cards to find the ones that help you build credit and improve your credit score with responsible usage.
When you’re looking for your first credit card all the choices available can seem overwhelming. There are so many different options to choose from and you need to find the card that best suits your needs. When I got my first credit card I didn’t take a strategic approach at all. Instead I just applied […]
I got my first credit card when I was eighteen. For me, it almost felt like a passage into adulthood. After all, I had witnessed my parents use their credit cards on a fairly regular basis. It just seemed like the thing to do. I saw absolutely no reason why I shouldn’t get one. The […]
The new year is only a few short days away. Like many others, I have quite a few New Year’s resolutions that I’m ready to tackle. One of them is to help you clean up your finances. I’m sure it’s no surprise that many of my New Year’s resolutions are related to personal finance. While […]
You’re young and you have a bright future ahead of you — if you learn to manage your money the smart way, that is. You should start making smart choices about your money now in order to set up a solid financial foundation for the future. You can do just that with these top 10 […]
Some financial experts advise young people to skip using credit cards. It’s true that if used incorrectly they can be a great way to damage your finances. Even the most disciplined among us know how convenient and seductive it can be to pull out the plastic and swipe. Even if they aren’t purposely skipping credit […]
With one of the largest retail stores in the United States starting to open it’s first stores in Canada this week, I thought it would be interesting to look at the difference between American and Canadian credit cards. You may think that all credits cards – both in the United States and Canada – are […]
Welcome to another reader question! This question comes from John, who is trying to get a mortgage while being on an income based repayment (IBR) plan for his student loan debt. Here is John’s story and the question: I have about $80,000 in student loan debt and am currently on the Income-Based Repayment Plan (IBR […]
All along, my plan has been this: Get Out of Credit Card Debt Pay Off my Student Loans Pay Off my Car Start Saving for a Down Payment on a House But then, a few things happened to make me change my mind. The first was the end of a relationship. No longer was I […]
Last month, I put out a request for reader questions, and I’m excited to start sharing some of the questions and stories I received! The readers are what define this website, and so I want to continue to produce content that is relative to you! Anyway, I received a question from Renee on possibly using […]
Earlier this year, I asked if you still used checks. There were a lot of interesting responses, especially when it came to specific situations when you need to you checks. But what about paying with cash – cold hard dollar bills? I think over the course of the last month, I’ve had a total of […]
Many different factors come into play when it comes to calculating your credit score, and each credit bureau does things just a little differently (their algorithms are secret and change constantly to try and always have the best possible risk ratings). However, there are common themes among all three bureaus that most people know about: Payment History […]
“Live like no one else now, so that later you can live like no one else.” – Dave Ramsey. Follow that advice and when it comes time for your 20 year school reunion, you’ll be the one all your friends are jealous of. At a young age your money is worth a lot more than […]
“Bad Credit” It’s such a negative term but lately it’s becoming more and more common. Each individual has their own circumstances and it doesn’t necessarily have to be because of poor money management skills. With the recent economic downfall we have experienced the last several years, more and more Americans are facing this problem. Prepare […]
If you’re a college student, and you have your eyes on graduating soon, congratulations! However, getting done with college is only the first part. You’re going to have to make a lot of tough financial decisions soon, including where you work, where you live, and more. But, you can set yourself up for a strong financial future now […]
I wanted to end this week with a reader question (I haven’t done one in a while!). I was thinking the other day about whether or not it was appropriate to finance an engagement ring. I consider myself to be very traditional, and think that you should save up you salary and wait to buy […]
A lot of financial “gurus” preach on a regular basis that you should check your credit score or your FICO score and know where you stand. Well, I’m telling you today that you SHOULDN’T! You may be saying, “Wait!!! You need to know what your score is to get a credit card, buy a house, […]
With the holiday’s coming up quickly, and so many changes in the credit card industry, it is essential to make sure that you are finding and using the best credit card possible. Recent financial reform in Washington has caused a lot of credit cards to change their perks, and so many people who thought they […]