Credit Cards
GOOD’s Complete List of the Best Infographics on the Financial Mess
If you have never been to Good.is, take a second and head over there right now. I’ll wait here. Patiently. It’ one of my favorite sites, not only for the excellent content on sprinkling of design items but for the business information I get from it as well. Careful, its a time suck.
They are putting [...]
Family Financial Strategies: Credit Card Use
This is a guest post by Al Jacobs, the author of OnThe MoneyTrail.com.
A running debate continues over the use of credit cards. Much of the controversy involves matters like annual fees, interest rates on the unpaid balance, and the use of an account to establish credit. Articles abound on charge [...]
Freeze Your Credit
This is a guest post by John Sileo who is the author of ThinkLikeASpy.com
Freezing your credit is the number one way to protect your financial identity from theft. Had I frozen my credit, neither of my cases of identity theft would have happened and I wouldn’t be an identity theft speaker today. A woman wouldn’t have [...]
Credit Card Companies Persecute Based on Where You Shop
I am pissed. And you will be too when you hear this. Instead of just lowering your credit score when you are late, they are lowering your score when you shop at places (with fine credit, mind you) at places where others shop that may have bad credit. So you will be standing in line [...]
Wells Fargo Prime Rate Visa Card
Before I completely lose you and you think this is some lame credit card site from Malaysia, I just wanted to put a quick note out there that Wells Fargo has changed their APR for one of their credit cards to 3.25%. Of course, there are dozens of other cards that have 0% but there [...]
Federal Reserve to Vote on Credit Card Reforms–Finally
The Federal Reserve is going to vote this Thursday on credit card reforms that are long overdue. If you remember, MYM actually sent a comment letter to the Fed giving our opinion on the rules as they were proposed. In general, we are happy the Fed is taking action. Frankly, if they didn’t take action, [...]
Organize Your Finances Before the New Year
Last night I spent a couple hours digging through our finances before the years end. There are plenty of good reaons to do this a couple times a year, but for me it’s the property tax adjustments that force me into it before Jan 1.
I’m one of the few who opted out of paying my [...]
USAA to Expand Eligibilty Requirements
USAA has announced that they are expanding their eligibility requirements. If you meet the following criteria, this might be a great opportunity to get some nice insurance benefits.
While a bit of an exclusive club, it is with good reason. The customer service is top notch and the rates are extremely competitive. They currently allow only [...]
MilkYourMoney.com Comments On Proposed Credit Card Rules
Federal banking regulators (Board of Governors of the Federal Reserve System, the Office of Thrift Supervision, and the National Credit Union Administration) recently proposed rules that would curb abusive credit card practices that we have long been against. For a detailed summary of all of the proposed rules, click here. Today, August 4, 2008, was [...]
Jump Start Your Savings
Back in April, I wrote an article about Jump Starting Your Frugality, and it has seemingly been well received. Now we are going to approach this from another angle: Savings!
Getting your savings in order is a tricky thing…It’s just enough ‘out of sight, out of mind’ that you can easily dismiss it throughout the day [...]
You Deserve a Luxurious Vacation…Let Me Finance It For You
Today, I receive an email from CitiFinancial. This isn’t rare, being they send email to current and past customers at an annoying frequency. As you can tell from the text of the email (pasted below), Citi is offering a loan in order to finance a vacation. We all know financing a vacation is a horrible idea, [...]
My Credit Card Interest Rate Raised for No Reason
Credit card companies are coming under fire lately, and in our opinion, deservedly so. Credit cards of all kinds are now taking advantage of the 10 pages of fine print you agree to when signing up for a new card, which gives them the rights to basically do whatever they wish to your interest rate. [...]
Use Credit Card Rewards Programs to Save for Retirement
Participating in your employers 401(k) match program allows for a great way to accelerate your retirement savings, but have you ever considered using your credit card rewards program as a means to save? Although rewards programs are all over the map in their offerings, certain programs present a great way to add to your future [...]
Simple Ways to Boost Your Credit Score
Improving and maintaining your credit score is one of the best ways to qualify for lower interest rates, acquire credit, and reduced insurance premiums. However, the majority of us don’t keep a close enough eye on our credit scores and frankly probably don’t understand them. How your credit score is actually determined is [...]
United State’s Newest Epidemic – Insufficient Financial Literacy
Opinion -
Congress, regulators, and the financial services industry are pointing fingers at each other in an attempt to pass the blame regarding who is at fault for our current credit crisis. In reality, everyone probably shares a piece of the blame; however, to leave a lack of sound financial literacy out of the equation [...]
