Balance transfer cards are great resources if you have a large outstanding balance on another credit card with a high-interest rate, making it difficult to pay down. Balance transfer cards usually offer a promotional 0% APR period that lasts anywhere between 6 and 24 months. This makes them specifically designed to give you the time you need to pay off the debt interest-free.
For many of us, spring cleaning is intimidating, either because it’s costly or takes up too much time. But cleaning and re-organizing your home can go a long way towards revitalizing both your domestic life and your savings. Here are a few quick, simple tips for saving and even making money when embarking on this seasonal adventure:
In 2017, cryptocurrencies went mainstream. Over the course of a few short months, Bitcoin, Ethereum, many “altcoins” and the blockchain became household names—driving the collective market cap of all cryptocurrencies into the hundreds of billions of dollars and representing one of the greatest bull runs in history.
Inflation is the term we use to describe a broad-spectrum increase in prices across the entire economy. When inflation strikes an economy, the same number of dollars buys less of a good or service over time, resulting in a decrease in your real purchasing power even though your nominal purchasing power, or the number of dollars you have, stays the same.
If you’re confident that you’ll use your credit card responsibly, then a rewards credit card is a great way to earn a passive income. Rewards on these cards take many different forms: there’s cash back, points that can be used for travel, and other benefits which vary from card to card.
If you’re having a tough time-saving money despite putting your best foot forward, it might be time to reevaluate your day-to-day lifestyle choices. Some habits–like buying lunch instead of making one before going to work–might cost very little on an individual basis, but will add up over time, and can cost you up to thousands of dollars over the course of a year.
When used responsibly, credit cards offer several advantages for the discerning consumer. Most importantly, they are essential for establishing a good credit score. By paying off your monthly credit card balance in a timely fashion, you will create a strong credit history, which results in an improved credit score. Credit cards also come with the following, lesser-known benefits.
If you find that your score has suffered a sudden, unexpected setback, there’s a chance it’s been caused by an error in your report or fraudulent activity in your name. These types of impediments have a number of potential consequences, including higher interest rates, rejected loan applications and denied job offers. But discovering an error on your report is the first step towards rectifying it. Once you’ve identified the problem, you can take action by following these steps.
Making a monthly budget presents its own challenge, but sometimes sticking to it can prove even harder. If you’re having trouble honoring your budget, you’re probably making at least one of a few common (and correctable!) mistakes.