Some people still think credit cards should be avoided at all costs. I happen to think they’re very wrong. Credit cards, used correctly, are convenient, useful, and an almost inevitable part of adult life. They can even make you money or allow you to profit in other ways. If you’re undisciplined, they can also allow […]
How do I get stacked rewards worth over 13% from a single credit card plus thousands more from others (despite Dave Ramsey’s rants)? And is it just me? Or do financial professionals play the credit card rewards game, too? If you follow Dave Ramsey, you know he hates debt (he makes a grudging exception for […]
Seeing your kids grow into teenagers and parenting them during this new phase in their life can be challenging. You want them to succeed in every area of their life and learn how to make sound decisions, especially concerning their finances. One essential component to achieving financial success is building a good credit score. This […]
If you live in the U.S., whether you like it or not, your credit score can make a huge difference (for good or bad) in your finances and beyond. Your credit score could even impact your love life. Your credit score tells lenders (and others) how reliable you are regarding paying your debts (and possibly […]
Well, it’s hard to hide from the news of the Fed and Treasury coming to the rescue of depositors of a failing bank. Silicon Valley Bank is the 20th largest bank in the United States of America and mainly serves the needs of startups and venture capital firms. And because of mismanaged risk and the […]
If you have a lot of credit card debt and want to take steps to get it under control, you may have considered a consolidation loan or, what can seem like an even easier option, the 0% credit card. Most loans that allow you to consolidate your debt will be low interest, and end up […]
With falling housing prices and rising interest rates, it’s not an easy time to be a new homeowner in America. Yet the going is even tougher for minority households. Despite overall mortgage fairness increasing in recent years, discrimination still occurs against historically disadvantaged groups, especially Black, Hispanic and Native Americans. FairPlay, the startup behind the […]
Interest-only mortgages are potentially useful tools that work well for some people in specific circumstances. But are they worth it? Mortgages are an almost-inescapable part of buying a home. Even anti-debt-crusading Dave Ramsey allows that buying a home with a mortgage is ok, though he insists borrowers should take the 15-year-fixed variety and pay extra […]
Around 41% of Americans carry a balance on their credit cards, with the nation as a whole carrying a total of $887 billion of credit card debt in 2022, according to Lending Tree. That’s an awful lot of money to owe, and an awful lot of interest being raked in by credit card companies. Even […]