Irresponsible and unmindful spending leads to debt. Nowadays, people prefer to use their credit cards in purchasing instead of cash. Because of this, they tend to overspend and abuse the purchasing power their credit cards hold. Only when this unconscious habit has been translated into accumulated credit card notification letters do they realize their overindulgences…. [Read More]
5 Fees You Should Never Ever Pay
Speeding tickets. Late fees. Credit card interest. Overdraft fees. All of these are fees that no one should pay. They result from being careless, disorganized, impulsive or distracted. These fees you should definitely never pay and if you do, well there’s a name for those fees. Dave Ramsey coined the term, “stupid tax,” just for… [Read More]
The Difference Between Saving and Investing
Everyone knows that it is smart to have some money put aside in case the worst happens, but where should it go? And what is the difference between savings and investments? Traditionally, savings accounts are held with banks and there are many different types of on offer, including those that require notice to access funds… [Read More]
How To Avoid Your Own Personal Financial Cliff
The much talked about and dreaded US fiscal cliff ended with a tax deal and without causing much damage to the financial system. There are sighs of relief all around that the US economy is on the right course to a full recovery. This doesn’t mean you should be complacent about your own personal finances,… [Read More]
Our Bid for Financial Freedom by Age 50
The following is a staff post by Crystal Stemberger. Financial freedom has been my ultimate goal since I started college in 2001. That was when I thought I’d be working in a white collar cubicle for 30-35 years, and be able to fall back on a nice pension when I decided to retire. By the… [Read More]
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