Category

Is the Free Ride Over?

photo credit: Andrew 94
Yesterday’s NY Times contained an article on how the credit card industry plans to make up for lost revenue.
Credit cards have long been a very good deal for people who pay their bills on time and in full. Even as card companies imposed punitive fees and penalties on those late with [...]

Wednesday Roundup

I read a lot of other pf blogs so I’ve decided to share the posts that I find to be most interesting or helpful.  So here’s the first ‘Wednesday roundup’.
The Six Investing Safeguards from Free Money Finance
Do Emergency Funds Trump Debt Repayment from The Simple Dollar
Finding the Balance Between Time and Money from Get Rich [...]

Credit Card Limits Getting Slashed

This article is a guest contribution from Steve Sildon at CreditCardAssist.com. Steve writes frequently about credit cards, providing tips and expert advice on a variety of personal finance and credit-related topics as well.
In 2008, many credit card holders were shocked to find their credit limits getting slashed so dramatically and that trend has only continued [...]

Ten Tips for Better Money Management

I love credit unions and have been a member of a number over the years, starting when I was a teenager.  In addition to personalized service, credit unions often have better loan rates.  My very first car loan (when I was fresh out of school) was from a credit union.  That said, here are some tips [...]

Should I Cancel My AmEx?

photo credit: TheTruthAbout…
Mr. Savvy and I are frequent travelers so I have a Delta SkyMiles branded AmEx.  In line with a number of other credit card providers, AmEx has decided to change the terms of my card.  The annual fee will increase as well as the foreign currency conversion fee.  In addition, there will [...]

What NOT to Do When the Economy Is Bad

photo credit: Mike Licht, NotionsCapital.com
Yeah, the economy is bad right now.  It’s been on the news for months and most everyone is feeling it, either in their pockets or investment accounts.  So here are a few tips on what NOT to do in this sluggish economy.

Live off your credit cards – It’s really essential [...]

State of the (Financial) Union

It’s been a busy few months. Between home improvement projects, a new job and some travel, I haven’t been keeping a close watch on our finances. We’ve spent five figures on irregular expenses since May which is just plain crazy. Therefore, Mr. Savvy and I have set aside a date to review [...]

Five Signs That You’re Living Beyond Your Means

Yahoo Finance published a good article entitled Five Signs That You’re Living Beyond Your Means.  Here are the five signs as well as measures you can take if you find yourself in any of these situations.

Your credit score is below 600 – If this is the case, the first step is to pull a copy [...]