Practical Ways to Break the Bondage of Debt

From governments and corporations to individuals, debt is an epidemic. The statistics reported by The Credit Examiner paint a grim picture of the America’s financial health. Americans owe a collective $11.38 trillion. $8.15 trillion in mortgages, $914 billion in student loans, $852 billion in credit card debt and $72 billion in auto loans. Let’s break […]

Good Debt vs. Bad Debt

debt

The accumulation of debt is can be a necessary evil for personal finances. The majority of us don’t have enough cash on hand to pay for a child’s education or a house. However, a majority of people often let debt grow to dangerous levels. This is due to wanting things now and not putting money […]

8 Tips to Keep Your Credit Card Information Safe When Shopping Online

How to Keep Your Credit Card Safe Online Using your credit card to buy something online has become an almost daily habit for most people, and it’s especially popular around the holidays. Even so, there are many people who are still uncomfortable with submitting their credit card information online. Their fears aren’t completely unfounded. Scams […]

Use a Credit Card Responsibly to Earn Rewards While Shopping

Credit cards get a bad rap, although it is justified. Credit cards can pose a danger to your personal finances if you use them irresponsibly. Unfortunately, this is all too easy to do and it’s why credit card debt is such a problem in this country. Just making a few purchases and forgetting to pay […]

Managing Your Credit Responsibly for Financial Gain

Many people know at least a few people who have struggled with their finances over the years. It may have occurred to you to simply forgo credit cards and loans altogether so that you aren’t tempted to fall into the same trouble. While this may be a noble goal, it may not be the best […]

How to Use a Debt Snowball to Get Out of Debt Fast

One of the more effective ways to help pay down debt is to create a budget you know you can afford each month for paying off your obligations, and then finding a method for effectively applying that budget. A proven way to accomplish this is the debt snowball. With the debt snowball method, you create […]

Working With a Credit Counselor in a Time of Need

Credit counselors provide a much-needed service to consumers. Thousands of people are drowning in debt, and they don’t know how to fix a low credit score or get rid of their persistent bill collectors. Credit counselors often teach their clients how to manage money, take care of a FICO score and pay down debts faster. […]

The True Cost of Credit Cards

Since their introduction in the 1920s, credit cards have been both a blessing and a curse. For those who know how to use them wisely, these little plastic cards can be valuable financial tools, but for those who do not understand the true, hidden cost behind credit card usage, debt can soon destroy financial security […]

The Ultimate Guide to Credit Card Concierge Services

Have you ever wanted someone else to take over some of your more complicated responsibilities? Long gone are the days when you would have a butler to take care of everyday needs. Nowadays, if you have certain credit cards, you can simply call your credit card company and have them do quite a variety of […]

Best Credit Cards to Use During the Holiday Shopping Season

The holiday season is a source of financial stress for many households. As gifts for kids and adults become increasingly tech oriented, the price tags on the season’s hottest and most popular gifts only continue to rise, putting greater strain on already tight budgets. While turning to credit cards to make holiday purchases isn’t the […]