Credit card is a part of our everyday lives, and because so many people get in trouble because of it, it deserves its own section. Although some people do get in financial trouble because of it, we believe that it is a financial tool that could be rewarding when used properly.
In addition to these articles, check out related articles in these sections: borrowing and lending,
debt reduction, and your credit.
The following are the best credit cards that offer 5% cash back bonus promotions and do not charge an annual fee — usually on a quarterly rotating basis in select categories of goods and stores. The best strategy is to have several of these reward cards so all your categories are covered and you ensure … Read more
Having high credit limits can sometimes seem like a validation of our financial success. If these lenders allow you to borrow such a large amount, they must think well enough of you and you are therefore you must be successful. For younger adults, it can even be fun competing with your friends to see who … Read more
Prepaid debit cards are becoming increasingly popular financial products. With a prepaid card, you load money onto an account associated with a card. The card works like a credit card in that you swipe at a terminal to make payment. However, unlike a credit card, you are using your own money when you use a … Read more
I have discussed using balance transfer credit cards to help you reduce your debt more quickly. As such, I think it’s prudent to go over the advantages and disadvantages of using a balance transfer credit card and also how to make a balance transfer. Hopefully, this will help you better understand what is involved and … Read more
More than half of all card transactions are now being paid with debit cards rather than credit cards, according to the Nilson Report. The debate between debit cards and credit cards continues on. Many people made the switch to debit cards in an effort to avoid racking up too much debt and to help manage … Read more
Some people think credit cards are evil — for example, famous debt reduction guru Dave Ramsey is completely against it. Some use their credit cards without giving it much thought. Personally, I think credit cards are financial tools that can be used to my advantage, but they must be used with caution. How about you? … Read more
This article is not meant to convince you to try credit card arbitrage. Rather, it’s meant to explain what credit card arbitrage is and start a discussion about it. Ultimately, I would like to hear your thought on credit card arbitrage as a money making strategy. Photo by Classyshot via Flickr First, we start off … Read more