Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘fee’

Don’t Buy Credit Card Life and Disability Insurance (GP)

You would never take out an insurance policy on behalf of your bank and pay its premiums, would you? But that’s exactly what you’re doing when your credit card company convinces you to buy life and disability insurance. The sales pitch plays upon fears of the unknown:

What if you became ill or disabled and [...]

Are You Selling Your Credit Score?

I knew that applying for too many credit cards could adversely effect on my credit score. However, the concept wasn’t picture perfect until I read Rocket Finance’s story where he said, “we traded our credit score of 748 at it’s highest point in exchange for favor from credit card companies.”
How Did I Sell My [...]

The Hidden Cost of Free Stock Trades

When discount brokerage firms like Charles Schwab, E*Trade, and TD Ameritrade emerged on the scene, they made stock trading more affordable. The trade commissions in the sub $20 range were a refreshing change from the exorbitant fees traditionally charged by full service brokers. If that was good, now it must be great with [...]

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