Personal Finance Advice

Credit cards get a bad rap in frugal circles. The high interest rates and the ability to quickly get deeply into debt make credit cards seem opposed to any sort of money saving lifestyle. This is true if they are used irresponsibly. However, if used responsibly and carefully, credit cards have advantages which can be [...]

If you spend any time in the frugal/budget world, you’re likely to come away with the idea that you should reject all fees. If it means switching banks, changing how you pay for things, switching airlines, or dumping credit cards, we’re taught to shun all fees. We’re taught to dodge anything that reeks of nickel-and-diming [...]

The other day I was feeling punished for my good financial habits. My savings are earning pitiful interest, thanks to the low rates in place to prop up the economy. There are no mortgage or housing breaks for me, since I don’t carry a mortgage. My credit cards have had their limits cut and interest [...]