Photo by k9ine.
There was a time when I think I had every credit card under the sun – reward cards, store branded cards, miles cards…you name it, I probably had it. And the scariest part of that was that I was a college student barely making $4.00 an hour – part time! But [...]
I always talk about getting out of debt on this site and honestly, it probably could be the most single important financial decision you can make for you and your family. Not owing anything to anyone is a great feeling and enables you to make choices in your life that you otherwise would not [...]
From the Baltimore Sun comes this interesting tidbit about credit card debt and how banks have eased their lending standards to be able to grab a bigger share of the credit card market, which the article says is “banker-ese for “making lots of loans that won’t get paid back.””:
After every financial crisis over the past [...]
Got a question yesterday from one of the readers:
I currently have about $11,000 left on my car loan at around 7% interest, but was thinking of getting a 0% balance transfer and paying it off. I understand that after the 0% period ends I will have to find another card, but do you think it [...]
If you are not carrying any consumer debt on your credit cards, there are tons of ways to make them work for you other than by playing the credit card arbitrage game. Sure, you can take 0% interest “loans” from your cards, invest them in savings accounts, and make some extra money from them. [...]
Thanks to Five Cent Nickel this morning, who pointed out over $700 in business credit card bonuses available in a post earlier this week. I applied through his link and was approved and will be receiving my card in a week or so. Why did I apply?
Signup bonus: 25,000 points
Redeem for: $250 in store [...]
This article I just read reminded me of something my Dad once told me when I was a kid (will explain below). The article was discussing how investing in or with a friend or family member can be a risky proposition. There are all sorts of problems that can crop up in terms [...]
You are. Well, maybe not YOU per se, buy the general “you” out there.
The world’s second largest credit card firm made a profit of $214.9m in the first three months of 2007.
Now might be a good time to re-evaluate your spending patterns, making sure you have the lowest interest rate humanly [...]
This morning at the ATM machine, the guy next to me was on his cell phone talking to one of his buddies. This was what I heard:
“Well, they were offering no money down and no payments till 2010, so we bought the big one. Might as well get the biggest and most expensive plasma [...]
From the BBC this morning, Citigroup is planning on laying off 17,000 people worldwide…starting today. Maybe now since they will be saving so much money ($2.1 billion this year alone) by doing this, think they will cut us all some slack on our interest rates? How about giving everyone back their dividend cards?
Didn’t [...]
This will be the last guest post of this week, as we are coming back from vacation this weekend. Today’s guest post is from No Credit Needed, one of my favorite blogs!
I have been writing about debt and debt reduction for more than two years. Before you decide to get out of debt, may I [...]
This is NOT a good idea and you really shouldn’t be carrying a balance at all, but these credit card companies sure do figure out ways to make more money off of you. From SmartMoney this morning:
Discover’s Motiva card, launched this month, offers a twice-a-year cash-back bonus equal to your interest charges for one [...]
This is the first of my posts on buying a new car and paying the price you want. Part two can be found right here, part 3 right here, and part 4 right here.
So even though it is not the smartest thing to do, you are dead-set on buying a brand new car. Before [...]
Just put up on their site today, Smart Money has a guide to the good, the bad and the ugly world of credit card reward programs. They used Citibank’s Thank You Network, Bank of America’s WorldPoints; Visa Extras and American Express Membership Rewards as test cases and looked at at the point requirements for [...]
(Note – Thanks to Matthew for guest blogging while I am away visiting family. I will be back tomorrow!)
Hello Readers of My Two Dollars! I’m Matthew Paulson, the blogger over at
Getting Green. If you enjoy this post, be sure to head on over to Getting
Green and read some of my other articles.
Have you ever been [...]
