Archive for the 'Credit Cards' Category

College Students and Credit Cards

Did you know? Almost one-half of all college students have accumulated more than $3,000 in credit card debt; and And one in 10 graduates owes as much as $7,000. Before accepting any credit card offer a college student may receive, it is important to know the consequences if and when it is mishandled. To help […]

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 […]

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 […]

Credit Card Limits Getting Slashed

This article is a guest contribution from Steve Sildon at 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 […]

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, 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 […]

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 the ‘state of […]