Credit cards are great. I'm a huge fan. More often than not they allow you to obtain basically 1% back on purchases, give or take. (That's those points people are always going on about). Some give back at most 10%. Unfortunately, these are only great if you NEVER PAY INTEREST. In the case of credit cards, this is simple. Pay your statement
Dee Baker is financial contributor who writes about money management, tips for getting out of debt, and investing for the long haul. I write about personal finances for a living, but that doesn't mean I've always managed my own money like an expert. In fact, it's some of the difficult growing pains I faced that lead directly to my self-education
Just because you are not born with a silver spoon, it doesn't mean you can't get rich. You can become wealthy by using a few tips. Let's dive right in! Create a positive mindset The first tip, in my opinion, is to create a positive money mindset. Everyone has a money story, and it's up to you to figure out
The creation of debt is usually caused by avoidable misunderstandings on the part of the borrower and lender. For example, the borrower assumes they can repay the debt. The lender assumes the borrower will do so. Culpability must always be kept in mind as you learn how to deal with debt collectors. The average person owes over $90,500
The person who is quick to borrow money is slow to pay it back. There's no shame in being in debt. It’s hard to get through life without amassing debt. The only shame is doing nothing to correct the situation. That’s why many people consult with a credit counseling service. A credit counseling service helps debt-ridden people become more financially
Many years ago, I was an adjunct instructor and academic advisor in a small New York City college. Also, I harbored aspirations to be a rap star! So, one day I noticed that the payroll department accidentally deposited my biweekly check twice in one payment. An obvious mistake. I withdrew it all. Why not go on vacation when you owe
