Tag Archives: interest rates

Death by Debt: 25 Ways You’re Killing Your Credit

By Jason Bushey Few sectors of personal finance are as misunderstood as credit. We’ve all been passed on some semblance of how credit score works by our parents, but often those before us are as confused about their scores as … Continue reading

Posted in Credit Cards, Debt, Personal Finance | Tagged , , , , , , , , , , , | 2 Comments

10 Advantages of Using Multiple Financial Institutions

I have several acquaintances that do all of their banking with one institution. (Typically it’s the bank that holds their mortgage or where they have a large investment account like an IRA or 401K.) They use that one bank for … Continue reading

Posted in Budgeting, Personal Finance | Tagged , , , , , , | 5 Comments

Pay Attention: Changes Affect Money

I wrote a few weeks ago about how many people are upset about the end of the Social Security tax holiday. Now that tax rates have returned to 6.2%, many people are struggling to readjust their budgets because they’d come … Continue reading

Posted in Budgeting, Personal Finance, Retirement, Saving Money, Taxes | Tagged , , , , , , , | Leave a comment

Using Credit as an Emergency Fund is a Bad Idea

Not too long ago my neighbor needed a new water heater. After it was installed, we went on one of our daily walks and she moaned about the expense and hassle. “Well,” I said, “at least you covered it out … Continue reading

Posted in Budgeting, Credit Cards, Personal Finance | Tagged , , , , , , , | 7 Comments

How A Good Credit Score Can Save You Money

By Bethy Hardeman for Credit Karma You’ve heard it before: You should improve your credit. But do you know just why you should focus on your credit health? It’s not just because you can qualify for credit cards with great … Continue reading

Posted in Credit Cards, Debt, Housing, Personal Finance, Saving Money | Tagged , , , , , , | 2 Comments

Finance Topics They Don’t Teach In High School, But Should

One of the biggest disgraces of the school system is that it often fails to teach basics that we all need for everyday life once we graduate. A prime example of this is basic personal finances. If we could get … Continue reading

Posted in Budgeting, Credit Cards, Debt, Education, Insurance, Investing, Personal Finance, Retirement, Saving Money, Taxes | Tagged , , , , , , , , , , , , , , , , | 9 Comments

You Have Too Much Cash and It’s Costing You Money

Dan Ariely, a professor of Behavioral Economics at Duke University, says that studies show that when people pay off loans, they pay off the small loans first rather than the loans with the highest interest rate. Studies also show that … Continue reading

Posted in Credit Cards, Debt, Personal Finance, Saving Money | Tagged , , , , , , , , , , | 7 Comments