How Much Money Should I Set Aside for Emergencies?
No matter who you are, an emergency of some kind will affect you at some point in your life. Unfortunately, few people are prepared when disaster strikes. And thats especially true when it comes to financial emergencies. Financial emergencies come in all shapes and sizes. Job loss is a big (and increasingly common) one, as [...]
Ten Tips on How to Pay off a Balance
Credit can be a wonderful thing. But when it gets out of hand, it can wreak havoc on our finances. This is especially true when it comes to credit cards. Charging up a large balance is bad enough, and by the time you add in fees and high interest rates, the debt can be overwhelming. [...]
Debt Collection Statute of Limitations
If you fail to repay a debt in full, it doesnt just disappear. Its usually sold to a collection agency, who may hound you about it for years. If that agency doesnt collect payment, they may pass it on to another, and that agency may pass it on to another. And you may still get [...]
Paying Down Credit Cards versus Building Up Savings
If youve ever been hit with an unexpected expense, you know that you need some source of funding to fall back on at all times. A savings account makes the most sense, because it gains interest. But many consumers use their credit cards as a safety net, even though they know it will cost them [...]
Use Your Credit Card with Prudence
Credit cards have gotten a bit of a bad rap. With so many people drowning in credit card debt, and with penalties and fees piling up to keep them there, its not too hard to understand. But that doesnt stop us from applying for cards and using them. Credit cards themselves are not so bad. [...]
