How Will Cancelling a Credit Card Impact My Credit Score?

Are you considering closing a credit card? Discover the ways it can impact your finances, and how knowing when to act can make a difference.

📅 DEC 17, 2014

Paying Down Debt

Discover some strategies for starting to pay down your debts. Choosing to be smart about how you get out of debt can help put you further ahead.

📅 DEC 03, 2014

How Long Can a Debt Be Reported to Credit Bureaus?

Unpaid debts can put a dent in your credit score that can last for years. The type of negative item on your credit report – whether a late payment, bankruptcy or civil judgment – determines exactly how long the negative information stays on your credit report. Seven Years of Bad Luck? Under the Fair Credit […]

📅 APR 09, 2014

How to Teach Your Teenager the Importance of Paying Taxes

While paying taxes might not be a fun thing to do, it is a fundamental requirement of living in the United States. The responsibility to pay even stretches to children and teenagers who earn enough to reach the Internal Revenue Service’s income minimums. Whether it’s preparing a teenager to pay taxes now or letting him […]

📅 APR 04, 2014

Budgeting Tools for Paying Off Credit Cards

Personal budgets can help you pay off your credit cards faster by letting you see how much money you have coming in and where you’re spending it. Once you understand your income and outflow, you can build a plan that allocates money to pay off your credit cards. One approach is to use a spreadsheet […]

📅 JAN 29, 2014

Top Thoughts to Consider When Using Your Department Store Card

Department store credit cards can often have a misleading reputation for lowering your credit score. But as with many things in life it comes down to how you use them, so if you already have one, don’t rush to cancel it. Having a credit card shouldn’t destroy your credit because it can increase your available […]

📅 JAN 22, 2014

Ways to Reduce a Home Loan

If you’re like many homeowners, your largest monthly expense is probably your mortgage. So, saving a little on your mortgage over time could add up to real savings. One way to pay down your home loan faster is to make biweekly payments instead of monthly payments. By paying every two weeks, you might be able […]

📅 JAN 17, 2014

How I Solved Over $25,000 in Personal Debts

Nothing weighs you down like debt. It makes it difficult to keep up with the big-ticket financial necessities like saving for retirement, purchasing a home, and setting up a college savings fund for your kids. If it’s there, though, you can’t deny it. The only way out from under debt is to address it aggressively. […]

📅 DEC 06, 2013

Holiday Gift Ideas that Won’t Break the Bank

Before the lessons of the Great Recession, many Americans viewed big credit card bills in January as just one more necessary side-effect of the holidays. But, if you’ve rethought your spending and saving habits, you may no longer be comfortable with paying for holiday gifts with credit. If you are looking for ways to spend […]

📅 DEC 03, 2013

Black Friday: Best Buys and Don’t Buys for Holiday Deals

The day after Thanksgiving is commonly called “Black Friday” because it’s the day retailers often hit their sales goals for the year and are “in the black.” Sales abound throughout Black Friday weekend, and many take advantage of those promotions to launch their holiday gift shopping. But Black Friday can cast a dark cloud if […]

📅 NOV 26, 2013