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The financial experiences people have early on, whether positive or negative, shape their relationships with money for life. They can affect how people handle paycheck deposits, savings accounts, bills, and credit cards well into adulthood.
Continue ReadingWithin the span of only a few weeks, a microscopic virus most of us had never before heard of managed to drastically change the lives of millions of people around the world. People have suffered, people have lost their lives, and countless lives have been altered in a myriad of ways, including financially.
There are several advantages credit cards offer over cash, including special perks that cash can’t match. But these credit card perks are sometimes overlooked—oftentimes because card members aren’t even aware that their credit cards offer them. Taking advantage of credit card perks and benefits could save you time, money, and maybe even a few hassles. The perks credit cards offer may vary by card and card issuer, but there’s typically no additional charge to take advantage of these benefits—they’re either free or included as part of your credit card’s annual fee.
Approximately three-quarters of Americans get a tax refund each year, with the average refund totaling $3,000. If you’re one of these lucky folks, consider developing a plan for the money you’ll get back instead of just depositing it into your checking account and leaving it there—or using it to buy stuff you don’t really need.
Your credit score can affect the type of car you drive, the credit cards you qualify for, where you live (both if you buy or rent a home), the job you get—even the premiums you pay for car insurance in some states. But just what is this mysterious three-digit number known as your credit score? And do you have only one?
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.