As you know from some of my posts, I am very open when it comes to discussing money issues with my children – especially my seven year-old, Ava. Some of the things I have discussed with her include ways to save money, our monthly expenses and student loan debt. Recently, the opportunity came in which [...]
Tag Archives | Credit Cards
5 Biggest Credit Card Traps & How To Avoid Them
Are credit cards good or evil? That depends how you look at them. I think of them as a tool, much like a computer, car, phone, etc. While none of these things are inherently bad or good, they certainly can be used to do bad things. When it comes to credit cards, often times we [...]
Reasons You Should and Shouldn’t Have a Credit Card
Let’s start with this question: do you need a credit card? That’s an interesting credit card question, isn’t it? The key word here is need. NO, you don’t need a credit card. Credit cards haven’t been around forever. People survived without them in the past and we can do so today! But, are there reasons [...]
Should You Transfer Credit Card Balances?
Have you every received a balance transfer for offer in the mail? Of course you have! Such offers are sent out every week by multiple credit card companies trying to get consumers interested in transfering their credit card balance from their existing card to a new card. With offers of 0% APR for X number [...]
When You Should Use a Credit Card
According to Money magazine, there are some instances when using a credit card is a good idea. A credit card can actually provide benefits using cash or debit can’t. Warning: The danger of using a credit card is in the ease of its use. It doesn’t take much effort to purchase on credit with the plan to pay [...]