credit card balances

When someone is first enter the world of finances, they will need to learn some new basic finance skills.  Unfortunately, many teenagers and young adults get to college without having a clue about some basic personal finance tasks.  You might make a lot of bad money choices, but if you have some basic financial knowledge, [...]

iPhones are often criticized as expensive and ostentatious. Why buy a smart phone when you can make calls from a $10 pay as you go phone? It may seem like a waste of money, but used properly an iPhone can be a powerful tool in your personal finance arsenal. Here is just a small sampling of [...]

In the past few weeks, I’ve been reading some articles, along with their comments, about people cutting up their credit cards. There are multiple rationales behind this decision. One such rationale is that the credit card companies act immorally by preying on the “weak” who fall into the trap of credit. Another rationale is that [...]

Kiplinger recently listed their favorite credit cards, from the lowest interest rate credit card to those that give you various types of rewards toward your mortgage, college savings, investment, and trip.

Photo by Classyshot via Flickr
Here are their top 7 credit cards:

Bank of America Upromise World MasterCard – Deposits a 1% rebate in your Upromise account. [...]

I came across “Chase Hiked My Minimum Payment To 5 Percent!” on The Consumerist today. This is bad news for Greg and his wife, because this hike increase their minimum payment $558 to $930 — which causes them significant financial stress. Although I sympathized with the dilemma that Greg and his wife are facing, I [...]

The key to getting out of debt for good is to have a positive cash flow and stop digging yourself deeper into debt. If you follow my previous step to earn more and spend less, you should have, or are on your way toward a positive cash flow at this point. The third step in [...]

With all the buzz about the new credit card legislation which is formally known as the CARD Act of 2009, I think it’s a good idea to do a round up of articles that talk about this new law. But before we go to the articles, I just want to give you a brief overview [...]

One of the quickest ways to improve your finances is to reduce your expenses and find more ways to save money. This article is a compilation of various money saving articles that have been published over the years. A few tips are also highlighted from each article. Make sure you follow these links to see [...]

Being in debt is not fun. Unfortunately, many people do find themselves in debt and carry balances on multiple credit cards. This article will show you how to eliminate credit card debt on your own without using credit card debt consolidation services. Personally, I think these credit card debt consolidation companies could be helpful to [...]

Should teens have credit cards? That’s always have been a hotly debated topic. I think they should, but many will disagree with me. I guess the best answer will depend on the teen and his or her upbringing. In any case, Discover Card recently introduced a prepaid credit card that could put this debate to [...]